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