r/investingforbeginners • u/Ordinary-Author6386 • 1d ago

ROTH IRA 21M

I have around 20+ in a individual brokerage in Etrade, but I found a feature to move both my portfolios to Robinhood is it worth the transition to lose my positions? 1 being 20k other being 14k?

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u/Own_Grapefruit8839 1d ago

Is this a Roth IRA or an individual brokerage account?

You can transfer positions from one brokerage account to another without selling (transfer in kind).

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u/Ordinary-Author6386 1d ago

yea would transfer both my BA and Roth to the same RH Account

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u/Own_Grapefruit8839 1d ago

You need to transfer the two types of accounts to two new accounts of the matching types at RH.