Transfer IRA CD from an out of state bank to another institution?

I have an 18 month IRA CD that I renewed in March of this year. Can I transfer it to another institution without a penalty? I found one offering a much higher interest rate. I'd hate to have to wait until it matures! Also, is there anything else I could roll it over into before it matures without a penalty? It's not a small amount of money and I've really made a stupid mistake in renewing it.|||If this is a bank CD, you are going to have to pay whatever early withdrawal penalty you contracted for. Check your documents, as these penalties vary.





Otherwise, you are going to have to wait for it to mature.





Sorry.





--%26gt;Adam