H & R Block Investment Services - charged $ 75 fee to close account

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RE: H & R Block Investment Services - charged $ 75 fee to close account

My husband and I put in our 401 K monies for investment per our H & R Block irs person.

Once we put in our monies an account exc. called to say he had a good stock to buy to invest. We said Ok

He bought that stock and charged us $65.00 for service. (I could have done it for $12.00 on td waterhouse or for $9.00 on Etrade.)

After a year he said to cash out the account and buy another stock. We said Ok. Another $65.00 for the

sell of the stock. AND the account exc. fee of $72.00!!!

We decided to take out the money and told them we would think about putting it into just a IRA. So they had us sign a government tax form stating we took the money out and the exact amount we withdrew EARLY. The next thing we find out.

The check they sent us did not reflect the amount we signed for but was $75.00 LESS which they called a Close Account Fee!

Now you tell me How was that a savings. I would have done better to take the IRS penalty and buy my own stocks or put it into a bank IRA.!

Suzanne & Charles Bent.