I read some posts back from 1998 discussing that some online discount brokerages did not allow contributing to a conversion Roth IRA account. I have a conversion Roth IRA and a contributing Roth IRA account with my "full-price" broker right now. I'd like to take control of my investments, and transfer these accounts to a discount brokerage. I'm curious if I can just make a new Roth IRA account with the new brokerage, and transfer both existing accounts into the new account.

1. Is this possible?

2. If possible, are there any brokerages that do not allow this?

Thanks,

Peter Avalos
Newbie Fool