I have a question that I can't seem to find the answer for anywhere.

I have a Roth IRA with American Funds that consists of 4 funds. When I
connect to American Funds during account setup, instead of creating one
account for the Roth IRA, I get 4 accounts...one for each fund. Is there a
way to consolidate all of these individual fund accounts into one overall
Roth IRA account?

At first, this wasn't a big deal, but my wife and I both have a Roth IRA
with American, and my wife just added a 401k rollover with American. As a
result, we have 15 individual "accounts" instead of 3 (2 IRA, one 401k).

Any help would be greatly appreciated.

Re: Consolidate multiple investment accounts? by via_newsgroup

via_newsgroup
Tue Jan 24 09:34:34 CST 2006

In microsoft.public.money, jfisher wrote:

>I have a question that I can't seem to find the answer for anywhere.
>
>I have a Roth IRA with American Funds that consists of 4 funds. When I
>connect to American Funds during account setup, instead of creating one
>account for the Roth IRA, I get 4 accounts...one for each fund. Is there a
>way to consolidate all of these individual fund accounts into one overall
>Roth IRA account?
>
>At first, this wasn't a big deal, but my wife and I both have a Roth IRA
>with American, and my wife just added a 401k rollover with American. As a
>result, we have 15 individual "accounts" instead of 3 (2 IRA, one 401k).
>
>Any help would be greatly appreciated.

Do you want to enter your transactions by hand? If not, I would go
with the way that the downloads are organized.