For me, it has depended on what I want to be buying in the account. I have an IRA at Vanguard where I have some mutual funds, but I also have an IRA at E-trade where I trade stocks. The mutual funds are free at Vanguard, where I'd have to pay a fee to E-trade to buy the same things, and the stock transactions are much cheaper at E-trade than at Vanguard.There's nothing wrong with having more than one IRA.
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