No. of Recommendations: 5
teamramrod: "Is it possible to roll a number of IRAs, held at different brokerages, into a new IRA with a seperate brokerage without penalties?"

Basis answer, yes, assuming you mean federal income tax penalty.

As others have noted, some places you are leaving may charge account closure fees. Or wire fees.

And depending upon what kind of instrument your IRA is invested in, the instrument may have its own penalties, e.g. CD, forfeit some interest if break the term, back-end loads or redemption fees on certain mutual funds, annuities, etc., etc.

Regards, JAFO
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