Complaint / Review
Schwab
Charged $95 Undisclosed Fee to Roll Over Retirement Funds

I was charged $95 to roll over my SIMPLE retirement funds to my personal IRA. This was not disclosed to me, but rather removed from my account without prior notification. Although I asked, Schwab did not/could not produce documentation stating that a) they had a policy stating that this would be charged at the time this account was opened, b) that I had received written notification, as was claimed by Schwab.