Client has three Traditional IRAs invested in certificates of deposit at a low 2% interest rates in 3 banks. He wants to roll them all over into a single fixed account that pays 4.6% fixed rate. Can we aggregate the three accounts and call it a one-time rollover during the allowed 12 month period? There should be no bank penalty for cashing in the IRAs since he is elderly. That is, if the bank is unwilling to write a check payable to "Vanguard FBO client's name", which would be a clean direct rollover. (I've finally got the Details Box open so I can explain my question, sorry about all the previous threads.)