What should you not do with an ira?

Don't miss out on the tax-exempt benefits of a Roth IRA if you contribute too much or too little, withdraw money too soon, or make another mistake. You can only make one transfer from one IRA to another (or the same) IRA in any period of a year, regardless of how much IRA Gold and Silver you have. A transfer from trustee to trustee is not a transfer and is not affected by this rule. This rule also doesn't apply to converting a traditional IRA to a Roth IRA or transferring IRA Gold and Silver.