Skip to main content
No. of Recommendations: 0

<< I have to roll my profit shareing plan into a rollover IRA. In the PS plan I could self direct all my investments. Anything I wanted. In the IRA I am limited to whatever the IRA offers. Can I roll into more than one IRA to make more choices of investments? Thanks.>>

What kind of an IRA are you rolling into? Obviously not the right one. You should be able to set up the rollover IRA with any discount broker and do whatever you want in terms of investments. However, some places, banks in particular, may limit what you can do with YOUR money. Use a discount broker and that won't be a problem.
Print the post  


The Retirement Investing Board
This is the board for all discussions related to Investing for and during retirement. To keep the board relevant and Foolish to everyone, please avoid making any posts pertaining to political partisanship. Fool on and Retire on!
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.