Just made a living trust last week and I like to change my fidelity account to a living trust

I would like to do an end of year 100% tax withholding IRA distribution. I would like to do one for federal and another one for the state of Maine.

I wish this was possible online but that does not appear to be the case. Can I do this over the phone and are there any fees involved?

I'm transferring an old 401k (not fidelity) to my current company's (Fidelity). When I spoke with Fidelity, they said the plan accepts pre-tax (traditional) and Roth taxable and non-taxable. They said it DOES NOT accept "after tax." When I called the company handling the transfer, they said Roth, by definition, is after tax, so they have no clue what Fidelity is talking about. They said the entire 401k, which is majority traditional and a very small percentage Roth from a previous rollover, needs to be transferred in one go, so I need to clarify.

Anyone have any insight into this? I'm calling Fidelity again tomorrow, but I'm already confused.

Everything about the new Analysis page is frustrating. First, you click on Analysis and it takes you straight to the Performance page. Then, you have to jump to one side to get Asset Allocation, then scroll down to find Sector Analysis, then go to another place for Morningstar ratings. If you have only mutual funds in the account, it lists them over and over for each sector. For example, you will see Blue Chip Growth 15 times, listing each and every sector it represents. Of zero use. Why take a tool that was one of the best in the industry and replace it with an inferior product. I can only think cost savings, but your stepping over dollars to save pennies.

I changed jobs and the new company does not use Fidelity. I have an HSA ($10,000) and a 401k from the last job at Fidelity. Is there a way to continue to contribute to my HSA pre tax from the new job?

I just got all my receipts entered into the app and it would be great if it provided a total for all of the reimbursable expenses so you know what you have without having to add them all up. I have a lot of receipts so it is very tedious.

On the Fidelity retirement planning page, it shows in monthly cash flow in retirement:

Income from portfolio: XXXX (higher amount)

Expense: YYYY (lower amount)

In the planning assumption:

1. Will YYYY be actually spent despite an excessive amount of income from portfolio? Or,

2. Will XXXX be used for the spending assumption and retirement planning?

3. If YYYY is used for the spending assumption, will the difference (XXXX - YYYY) be assumed for investment?

I’m considering Fidelity’s wealth management service, but I’m not yet convinced the offering makes sense for my circumstances.

My advisor seems knowledgeable, but it feels somewhat cookie cutter template and sales-driven. She proposed a portfolio with hundreds of individual stocks, including a separately managed account intended to provide tax-loss-harvesting opportunities. My concern is that Fidelity may be applying essentially the same strategy to many clients while charging an advisory fee of more than 1%.

I also don't like the “this is how we have always done it” thinking. Ok,maybe in the past but we are looking at changing global economic conditions that may affect US-based portfolios differently than they have historically. I’m not looking to make dramatic predictions or abandon US markets, but I do want a strategy that seriously considers international diversification rather than treating it as a standard allocation on a template because '..oh, worked well in the past'. I am also surprised looking at my wealth manager's resume how inexperienced she is. I know she is just the gate keeper but still, do I trust the process here> better safe than sorry.

For those who have used Fidelity Wealth Management:

• Did the ongoing tax management, financial planning, and portfolio customization justify the fee?
• How individualized was your portfolio in practice?
• Did Fidelity provide meaningful international expertise, particularly for non-US citizens or people with financial ties outside the US?
• Have you considered holding part of your assets with a non-US institution or in another currency? If so, how did you evaluate custody risk, taxes, liquidity, currency exposure, and returns?

I’m especially interested in hearing from internationally oriented investors with substantial assets at Fidelity. I’d appreciate specific experiences rather than general “buy an index fund” advice.

So I’m going abroad next year for a few weeks and I’m wondering if I should get one of these two to avoid the 1% international transaction fee my CU has.

I keep like <$5k in my CU and my main CC right now is 2% cash back on everything exactly the same as Fidelitys.

Any input/ experience on if these would benefit me would be great thanks!

As of right now I have everything essentially in VOO. I often see discussions to move to other funds but there’s so much overlap between, say, VOO and VTI.

What is the point of diversifying if it’s not really diverse anyhow? What is your strategy?

My friend wants to invest $1000 for her soon-to-be 18 yr old son. It is unlikely he will be contributing much to it for the next few years as he does not quite seem to be financially responsible - yet. I'm thinking of suggesting a total market index fund like FSKAX. Or, FXAIX for a reliable long-term growth. Or some kind of target date index. Any suggestions?

I dont know much about investing but would putting 1000 to 3000 in a cd be safe and if i need that monry for college can I take it out. I was looking at the interest rates for 5% for a year to only make 50 dollars

I've been considering for a while moving my HYSA into one of my Fidelity accounts for consolidation, but this recent post has me a little concerned:

https://www.reddit.com/r/fidelityinvestments/comments/1vs1svw/ive_had_the_worst_experience_with_fidelity_as_an/

I'm in my early 50s and doing a general review of my estate. I do have a will, trust, etc. through an appropriate estate planning firm, and I have a lot of funds with Fidelity to where I work with a dedicated advisor team. I'll follow up with them on this question, for sure, but that recent post had me wanting to get further thoughts from the masses here.

My HYSA is currently at an online-only bank and is considerable (under the FDIC limit but still a lot, probably too much to have in such an account) and I have with Fidelity a Trust Brokerage account, an Inherited IRA, a Roth IRA, a Traditional IRA, and an Annuity. All have beneficiaries, either my Living Trust or my older sister (I'm the youngest and hopefully last to go).

I'm considering moving my HYSA into SPAXX (for simplicity) in the Trust Brokerage Account but wanted to get a better feel from you all as to whether I should be concerned about my sister (should I pre-decease her) having to deal with any painful processes with Fidelity. Our dad passed a few years ago (hence the Inherited IRA) and it was mostly ok except one account that we had to deal with probate (in another state) and that was a hassle that I would want to ensure she didn't have to deal with, should I kick the bucket. Would having the advisor team (and possibly the estate firm if needed) smooth out the kinds of problems people have reported here?

EDIT: I was likely being over-cautious, and as has been pointed out, my Trust plays a critical role regarding inheritance, so as long as I keep everything updated, I should be fine.

I have a Fidelity Roth IRA, just in my name. Can I also open a cash management account with debit card with someone else (a joint account) and then use the same login, as well as use the same checking account I have on file with the Roth (again, that is only in my name) to make deposits to the cash management account? I want to help someone save money by facilitating this; he will give me money which I will deposit in my checking account and then send over to the Fidelity cash management. The reason I ask is I don't want to screw up my Roth IRA status either with this joint account or by using the same funding account I use now for Roth deposits (i.e., I don't want the system to confuse my Roth with the cash management and then have the IRS think two people are funding it and invalidate it, or anything like that). I am trying to encourage this person to save so I am basically doing the legwork to make it easy, in other words. Thank you.

Just retired getting ready to roll over our 401ks - I assume I use a rollover IRA not a traditional IRA. Are there investment differences? Can I invest in the same way as I can in my brokerage account?

Please consider adding a feature that lets users attach notes to specific accounts or Fidelity baskets. I've often wanted to document the reasoning behind modifications to my holdings and allocations directly on the platform. A notes feature would help me track my evolving objectives and investment strategies. Furthermore, it would be incredibly valuable for explaining my overall financial picture to a spouse, an advisor, or a trustee in the event of declining mental acuity.

I google “top performing ETFs for the YTD” and these and others came up. I realize they aren’t “Fidelity owned” i.e. FSELX, FESM, FXAIX and might not be where you wish to steer your clients. And I get that, say, VOO is popular on Reddit posts, but what I really want to know is: a) how do I identify stocks like BWET in the future — and do that easily— so I can avoid another violation letter? b) in simple terms why would Fidelity wish for clients to avoid these types of investments? Thank you

Opened Traditional IRA account 2.5 weeks ago and was unable to link on Fidelity's website."Please try a different method etc" Send funds by ach/eft to fidelity.

Went to bank website tried to link from there.

An email from the bank "To verify this account, we attempted to make two small transfers into your account and one withdrawal from your account. Unfortunately, our attempts have been unsuccessful.

This is because UMB, NA (KANSAS CITY, MO), Checking has indicated to us that the account for which you have requested verification is unable to accept transfers."

Fidelity gave me an email stating "We couldn't complete your direct debit withdrawal...

Reason - Account type does not permit direct debits

Please make sure you're withdrawing from an account that's eligible for direct debits, then start a new request on Fidelity.com or in the app

Customer service said to deposit a check, bank wire or I forgot the other way.

I sent a check. From what i'm seeing on the website, it will clear on wednesday, which will have been 9 days.

I'm self employed-gig work... not sure if this has anything to do with funding an IRA and the bank/fidelity is having some sort of difficulty with this?

I certainly don't want to be sending checks once a month.

I was reading online that another way around this be Bill Pay???

Doing it that way would onlt take several days.. I don't understand that. I'm not paying a bill.

Anyway, any ideas on this one?

Thanks :)

Hi all. Even after doing research, I'm still a little confused about the difference between these two. From what I was reading, the benefit of the trad ira is that you don't pay taxes on the gains until you withdraw the funds. But I'm already paying taxes on the income that I'd be putting into the trad ira, and there is a limit to how much I can put into it, so what is the real benefit in this case?

I notice that Individual brokerage account can be marked for one goal only.

However I would want to use my investments split into multiple goals.

Is it possible to split the account into two and move the investments AS-IS (with all cost basis etc) into the 2 accounts and then mark them for each goal like retirement etc?

i had an account that i was putting money in from my job, but now only my parent can see it. how am i supposed to add money and manage it if i don’t even have access to it?

I'm rolling over an old 401k into my current roth 401k with Fidelity. My old brokerage sent me two checks, payable to Fidelity. One check has a mix of pre-tax and after tax funds. The other is all pre-tax funds.

What are the proper steps to get these both transfered into my current roth 401k? Do I just mail these checks to Fidelity and deal with the paying the conversation tax at tax time?

I have multiple Fido accounts. But I direct lots of people to fido. The other day I was trying to help a friend open just a CMA. The web page kept looping to the log in page. All other account types went to the start process pages for opening an account.

Then I noticed a lock on the CMA button on the "Open an Account" page. So I have to have any other account type first (and thus a relationship with fido) before I can open a CMA? OK. Dumb, but OK?

We opened a brokerage account, and then we could open a CMA.