Vaibhavi Patel

Review of Millennium Trust Company

I would give 0 stars if possible.

I would give 0 stars if possible.
My old employer transferred my IRA account to Millenium without any advance notice. I wanted to simply transfer this money from Millenium to my existing IRA account, and Millenium charged be $70 as account opening fee, and will probably charge me extra to close the account. I wasn't even given an option to transfer MY money without opening an account. So anyone any company transfers an IRA/401K to Millenium, the Millenium company earns close to $100 per individual and give you back your money. Plus there is a hefty charge of close to $50 for keeping an account with Millenium.
This company is taking away all the hard earned money from so many people. I would never recommend this to anyone.