Fees for IRA Distribution Advice

[kgr12]

Can the fee incurred to a third party advisor (i.e. not the custodian) for IRA distribution planning be paid to the advisor directly from the IRA without being treated as a taxable distribution?

[Guest Rajeev]

If the third party is truly an investment advisor either in the form of an brokerage firm -- charging account management and transaction fees, or an investment advisor in the form of fiduciary fees then such fees can be withdrawn from the IRA without incurring a distribution, as this would be deemed an account, transaction or investment management fees.