I recently made the switch to Roth contributions in my Fidelity employer 401k and had some questions about how these contributions would be displayed. After reaching out for insights, I received valuable information from other users that I’d love to share. Combined or Separate Account? When I switched to Roth contributions, I was curious to … Read more
Are you facing the issue of your Fidelity NetBenefits 401k not showing up in the Fidelity Full View? Don’t worry; here’s a step-by-step guide to resolve this and have all your financial information in one place. Sometimes, specific accounts like the NetBenefits 401k might not automatically show up. Enrolling Your NetBenefits 401k to Fidelity Full … Read more
Ten years ago, I found myself at a crossroads, contemplating a shift from a managed Roth IRA to a self-directed one with Fidelity. Through this experience, I gathered invaluable wisdom from a supportive online community, and I’m keen to share my journey with those who may be considering a similar path. Background To provide some … Read more
Many investors consider covered calls a great strategy to help them enhance their returns. And it’s true! I do it all the time in my regular brokerage account and retirement accounts. Speaking of which, an interesting question was asked earlier today: “Can Fidelity customers sell covered calls in their 401k accounts.”? Understanding Your Trading Restrictions … Read more
As someone who’s been through the process of deciding between a Fidelity Roth IRA and a Fidelity Traditional IRA, I understand how overwhelming it can be. It’s a decision that will significantly impact your retirement savings. Here’s my take on the matter: The Roth vs. Traditional Dilemma When I started planning for retirement, I heard … Read more
Accidentally opening 2 Roth IRA accounts on Fidelity can happen to the best of us. Whether it was a momentary lapse in attention or a technical glitch, it’s essential to know how to fix the situation without incurring any unnecessary fees or penalties. In this guide, I’ll walk you through closing a duplicate Fidelity Roth … Read more
The only option available is to sell shares in your non-retirement brokerage account and contribute the cash proceeds to your Roth IRA account to invest. The only option available is to sell shares in your non-retirement brokerage account and contribute the cash proceeds to your Roth IRA account to invest. Someone asked: What is the … Read more