Can I transfer an account with a different title/social security number?
No, regulations do not permit this. Account types must match as well. For instance, you could not transfer a ROTH IRA from another firm into your Traditional IRA with PennTrade. [ top ] Can I trade securities I am transferring from another brokerage during the transfer process? Once you submit an account transfer form, your account will most likely be frozen at your existing brokerage. Do not attempt to trade any securities you are transferring, as this will delay the transfer process. [ top ] Can I transfer part of my account from PennTrade to another brokerage firm? Yes. We must ask that you initiate the outgoing transfer by contacting the other brokerage firm (the “receiving firm”). If the transfer can be done via ACAT (Automated Customer Account Transfer service) then the receiving firm will submit your transfer electronically, which is the quickest. If the position is not ACAT eligible or the receiving firm does not participate in the ACAT system, then the receiving firm must subm
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- Can I transfer an account with a different title/social security number?
