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IRA's - Can they be combined to gain more interest return ?
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iseedit
Posted 4/23/2023 07:47 (#10198973 - in reply to #10198151)
Subject: RE: IRA's - Can they be combined to gain more interest return ?



central - east central Minnesota -

puff33m - 4/22/2023 15:56 Where are these IRAs held? Local bank(s)?

IRA's are all in one bank, custodial of the bank. As pointed out, idea is to combine to have a larger net sum to qualify for the higher interest rate thresholds of larger sums.

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