About 12 years ago, I transferred my IRA from one investment firm to another. Now I want to return it to the original for a number of reasons, not the least of which is that the original has earned a greater return each year. I think I read that I could only make this kind of change once in my lifetime without penalty. Does anyone know if this is true? Thank you.
I am not aware of any limitations on transferring IRAs (although I have only done it once, they did not ask at the receiving firm). To be sure, ask the folks at the investment firm. They should now the laws and rules.
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