Charles Schwab IRA Review

Overall 4.50 of 5 view all 8 reviews

Dustieisfun
Milwaukee, WI

OH, Too bad I don't have any $$$$ to put in one!

on a strict budget

Pros

If u have the $ do it now!

Cons

Don't take it out early ever!

FEB

2009

I used to have $ in my 401K through a company that invested the same $ amt that I put in and at the end of 23 yrs of working there, I quit and wanted to move on because I knew everything there was to know in the company in every dept. Including making the product. Schwaab Stamp and Seal Company. I had $70,000 some odd $ when all was said and done. Well my son's father and I had broke up and I was poor so I had to w/d it and use it for moving and to live on for a while til I found a better job. I did. But they had no investment plan yet in their company because they had recently opened in Milwaukee. I worked for that branch here. As an Office Manager which is what I ended up doing at Schwaab in the end too. Oh and when you w/d it early b-4 you retire u get penalized by our wonderful GOV"mnt of 43%. So by then I did not have much. I know stupid move on my part. Maybe I'll win the lottery some day that I never play! HA! HA!