One common concern among users transitioning to Fidelity from platforms like TD Ameritrade or Schwab is the visibility of their total income from dividend-paying stocks. In this guide, we’ll walk you through the steps to find your total dividend and projected dividend income on Fidelity. Locating Your Dividend Income on Fidelity Website In your Fidelity … Read more
If you’re about to purchase ETFs like JEPQ or GBTC on Fidelity, you may have uncovered Fidelity’s Designated Investments Agreement. It’s completely natural to hesitate before blindly accepting something you don’t fully understand. (DI0903) This security is subject to the Designated Investments Agreement, which you have previously signed for this account. In this article, we’ll … Read more
Are you trying to sell a put option (cash secured put) on Fidelity and stumbled upon the (354018) error? Here is the full error message: (354018) The equity or index sell put option order you are attempting to place requires cash in the account equaling the exercisable value of the option. The exercisable value is … Read more
Some Fidelity customers wonder if they can transfer money from their Cash App account to Fidelity. The short answer is yes. And believe it or not, the process is also straightforward. In this guide, we’ll walk you through the steps to transfer money from Cash App to your Fidelity brokerage account. How to Transfer Funds … Read more
You recently received a check with a minor misspelling in your name, and you’re wondering if you can still deposit it using the Fidelity app. Here’s what you need to know. Fidelity Mobile Deposit Process When depositing a check through the Fidelity mobile app, you must ensure that the name on the check matches your … Read more
Fidelity money market funds like SPAXX, SPRXX, and FDLXX, are offering yields north of 4.9%. Unsurprisingly, investors are leaving their money inside their core position rather than investing it elsewhere. Some investors on Reddit are wondering what would happen to these Fidelity money market funds in the event of a government shutdown. Specifically, how long … Read more
If you’re a US citizen and find yourself subjected to backup withholding on your Fidelity account, there’s a straightforward process to address this issue. Backup withholding is typically imposed by the IRS if there’s an issue with your Social Security Number (SSN) or Taxpayer Identification Number (TIN) certification, such as a name mismatch due to … Read more
Tools like Mint or Personal Capital (Empower) can be a game-changer when managing your finances. However, recent concern has been raised about the potential risks of providing your Fidelity login details to these platforms for account aggregation. What happens if your Fidelity account is hacked through a third-party app or website? Undoubtedly, someone could get … Read more
If you’re like me and have been trying to set up a linkage between Fidelity and another institution using Plaid, you might have hit a few roadblocks. From what I gathered, many Fidelity customers also need help with this process. Fortunately, there are alternative methods to get your accounts connected smoothly. Here’s a step-by-step guide … Read more
Are you wondering if your CSP or cash-secured put is eligible to earn interest on Fidelity? Many Redditors have shared their success stories about selling cash-secured puts to earn additional income (premium) while also making money on the interest from the cash being held in their SPAXX core position. In this blog post, I’ll give … Read more
