Create an Income Stream
Taking initial withdrawals of 4% or considering annuities are often recommended to retirees.
Investors should understand all fees and charges associated with their investments:
In general, brokerage firms collect the highest commissions on the complicated and risky investments.
The sale of actively traded stocks generates lower commissions. Commissions on even less risky investments, such as U.S. Treasury bonds, are even lower.
Whatever the investment, the broker receives a certain percentage of the commission. The brokerage firm receives the rest. This amount is stated in his agreement with the brokerage firm.
Investment advisers receive compensation in several ways. They may charge:
Account management fees also may be charged to the consumer.
*The information on this page is credited to IPT and Kiplinger. Their original materials are made available on the Kansas Securities Commissioner's website.
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