Brokerage IRA Comparison Table

  Ameritrade
 Datek
 TD Waterhouse
 ShareBuilder
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IRA Account Minimum Information
$1,000 $500 No minimum No minimum
IRA Products Offered
Traditional IRA Yes Yes Yes Yes
Roth IRA Yes Yes Yes Yes
Rollover IRA Yes Yes Yes Yes
Spousal IRA Yes Yes Yes No
Education IRA No No Yes No
Simplified Employee Pension (SEP) Yes Yes Yes No
Savings Incentive Match Plan for Employees (SIMPLE) Yes Yes Yes No
IRA Fees
IRA Maintenance Fees None None None None
Custodian Fees None None None None
Inactivity Fees None None None None
Account Transfer Out Fees $25 None $20 $10/security ($50 max.)
Commission Schedule -- Online Trades
Online Market Order $8.00 $9.99 $14.95 $4/buy transaction or $12/month unlimited; $15.95 for all sell transaction
Online Limit Order $13.00 $9.99 $17.95
Commission Schedule -- Touchtone Phone Trades
Touchtone Market Order $12.00 $15.01 $35.00 N/A
Touchtone Limit Order $17.00 $15.01 $38.00 N/A
Commission Schedule -- Broker Assisted Trades
Broker-assisted Market Order $18.00 $25.00 $45.00 N/A
Broker-assisted Limit Order $23.00 $25.00 $48.00 N/A
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