If you move all of your money out of your Chase IRA to an account at a different company, you’ll likely owe a $75 transfer-out or termination fee. (You’ll incur this fee if you transfer all of your investments out of your Chase IRA, or sell out of your investments and then withdraw all of the money.) Also, there is almost always a 10% penalty for withdrawing money from any IRA, including a Chase IRA or a J.P. Morgan IRA, before you’re 59½ years old. That is, the IRS will demand 10% of whatever you’ve withdrawn, assuming it falls under the negative moniker of “early withdrawal.” (Look under “IRA” on this IRS table for a handful of exceptions to the early withdrawal penalty.) On top of the penalty, if your IRA is a traditional IRA rather than a Roth, you’ll owe income tax on the withdrawal. If you have a Roth IRA, you can withdraw your contributions at any time without penalty or taxes, but if you withdraw investment returns, earnings or interest, you’ll face an early withdrawal penalty and income taxes.