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I'm new...I opened up a Roth IRA through American Funds and I'd rather have one through Vanguard or something that might perform that a bad idea? Can I switch over to them? It's not a withdrawal is it?

You can do direct transfers as often as you like without tax consequence. You'll find details in All About IRAs. Your new custodian will have the forms you need to set up the account and move the assets.

Phil Marti

Hot off the press! Check out The Motley Fool Investment Tax Guide 2001. It comes complete with a money-back guarantee. (Sorry, the steak knives are extra.)

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