How do the fees for a solo 401k account at td ameritrade compare to those of digital currency trading platforms?

1 answers

• Antonio BaldasciniJul 21, 2023 · 2 years ago
  As an expert in digital currency trading platforms, I can tell you that the fees for a solo 401k account at TD Ameritrade are generally higher compared to digital currency trading platforms. TD Ameritrade charges an annual account maintenance fee for solo 401k accounts, which can range from $20 to $150 depending on the account balance. On the other hand, digital currency trading platforms often have lower fees for trading digital currencies, with some platforms offering zero trading fees for certain types of trades. Additionally, digital currency trading platforms may have lower or no fees for deposits and withdrawals. However, it's important to note that digital currency trading platforms can have higher volatility and risks compared to traditional investment options like a solo 401k account. It's crucial to carefully consider your risk tolerance and investment goals before deciding between the two options.
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