I have an IRA rollover from a 401-k. Both are/were with T R Price. I have 3 equity funds. The forms to convert to self-directed IRA says I cannot transfer my funds (to their discount brokerage). I must first cash out what I want and place it with their discount bokerage which will go into a money market fund. Of course, I could then buy those same funds through their broker. This doesn't make sense to me. Question: Can I make a direct transfer to another broker of part of an IRA or do I have to transfer all of the IRA (to another broker)? Also is this their house rules or an IRA rule?
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