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Author: kangarool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 75650  
Subject: Lots of IRA transfers? Date: 5/4/1999 4:22 PM
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Hi, since getting online I'm learning more and more. So, in order to minimize fees (and take control of my own finances), I first moved my mutual funds at Fidelity to a Brokerage Account there. Now, I've discovered I can avoid there maintenance fee AND their $15/quarter "non-activity" fee AND there $25/trade fee on this account, by moving it to my online broker Etrade.

I'm free to move my IRA (One Traditional, one Rollover) any way I want, so long as I don't take possession of the cash at any time, right? I don't want to save a hundred bucks in fees just to get hit with penalites.

Do I have this right? thanks/kanga
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