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I want to divide up an IRA account and roll portions of it over to more than one new account. In other words, rollover 50% of IRA Account A to Account B, 25% of Account A to Account C, and the remainder to Account D (for example). I want to do this to get out of a bad mutual fund and to better asset allocate. The new accounts will not be with one corporate entity. When I called the current fund management to ask about this, I got several seconds of silence. And never got a straight answer about whether it was allowable. Couldn't find anything saying I couldn't do it in the prospectus.

Any ideas or advice? Am I making this too complicated for myself?

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