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Merrill Edge offers a wide range of investment products, including stocks, bonds, exchange-traded funds (ETFs), margin lending, mutual funds, and options. As of 2022, Merrill Edge held $320 billion in assets from 3.5 million clients, and employed 4,000 advisors working in bank branches and call centers. The firm focuses on the mass affluent market.
Fidelity was named the best broker for retirement investing as part of the 2024 Bankrate Awards. Standard pricing for mutual funds: Free for Fidelity funds, and $49.95 on the buy and $0 to sell ...
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Merrill (company) Merrill (officially Merrill Lynch, Pierce, Fenner & Smith Incorporated ), previously branded Merrill Lynch, is an American investment management and wealth management division of Bank of America. Along with BofA Securities, the investment banking arm, both firms engage in prime brokerage and broker-dealer activities.
Contributions can grow tax-free and then can be withdrawn tax-free starting at age 59 ½. A 401 (k) has a maximum annual contribution amount, which is $23,000 in 2024. Those age 50 and older can ...
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