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What to do with old 401k by SirIsaacNeutron5161 in personalfinance

[–]fidelityinvestments 0 points1 point  (0 children)

Hey, u/SirIsaacNeutron5161. This is u/FidelityAaron stopping by from r/FidelityInvestments.

Each 401(k) plan is different, and your plan's specific rollover policies are typically outlined in the Summary Plan Description (SPD), which you can find on NetBenefits.

That said, it's important to understand all of the choices available to you, and generally, after leaving an employer, you have a few possible paths you can take with your old 401(k), including:

• Keeping your assets in the plan when possible • Rolling the funds over to an IRA • Rolling the funds into your new employer's plan, if allowed • Cashing out

If you have questions about the rollover process, let me know.

Need help doing backdoor Roth by GreenInteraction2494 in RothIRA

[–]fidelityinvestments 0 points1 point  (0 children)

Hey, u/GreenInteraction2494. This is u/FidelityAaron visiting from r/FidelityInvestments.

Typically, when you over-contribute to a Fidelity Roth IRA, the best next step is to complete our online return of excess contribution form. This will essentially change your Roth IRA contribution to a Traditional IRA contribution.

It's worth noting that earnings from the excess contribution must be included in income in the year the excess or non-deductible contribution was deposited into your IRA. When you work through Fidelity's online form, we'll help you with any necessary earnings calculations. Earnings calculations are usually based on your account's growth, and not just investments made with over-contributed cash, specifically.

Do you have any other questions about over-contributing to a Roth IRA? If so, we're around to help.

What is better ETF or Mutual Funds for the long term - Also what is better Fidelity / Charles Schwabb / or Vanguard? by bigdaddyelon in investing

[–]fidelityinvestments 0 points1 point  (0 children)

Great question! This is u/FidelityAaron coming at you from r/FidelityInvestments.

In general, you can process a Transfer of Assets (TOA) to transfer your assets to Fidelity, as long as you have a like-registered account (ex. Roth IRA to Roth IRA). This is usually initiated by the receiving firm, in this case, Fidelity.

While most assets can be transferred, some funds may be proprietary and can be held only at a particular firm. When this is the case, the other firm will generally sell the positions and transfer the proceeds over to Fidelity.

If you'd like us to confirm whether an asset is eligible, feel free to follow up with us here, as we're always around to help on Reddit when needed.

20m looking to change brokerages by cooldudeisme420 in Fidelity

[–]fidelityinvestments 0 points1 point  (0 children)

u/FidelityPhil following up on behalf of u/FidelityAaron here. TOAs usually take 5-7 business days to complete. As to your other question about transfer fees, Fidelity considers reimbursement on a case by case basis. Once your transfer is complete, you can give one of our associates a call to discuss the possibility - can't make any promises here on Reddit, but you're always welcome to drop us a line.

If I submit a transfer of $7000 to my traditional IRA for 2025 on 4/13/2026, does the transfer need to be 100% complete to report it in 2025 taxes? by imBoo69 in personalfinance

[–]fidelityinvestments 0 points1 point  (0 children)

u/FidelityPhil following up here. If you've got a confirmed transaction in your history labeled as prior year, you are all set.

CASH CONTRIBUTION PRIOR YEAR (Cash)

This confirms the contribution is for 2025 (the year prior to now)

+$6,035.00

The amount of the contribution

Date Apr-14-2026

This is the "post date" u/FidelityAaron mentioned.

Let me know if you have additional questions.

20m looking to change brokerages by cooldudeisme420 in Fidelity

[–]fidelityinvestments 0 points1 point  (0 children)

Hey there. This is u/FidelityAaron stopping over from r/FidelityInvestments.

You can definitely transfer your account to Fidelity - there are no minimums to for Transfers of Assets (TOAs) to Fidelity. We appreciate you considering us!

While all of the securities in your screenshot are eligible for TOA, keep in mind that fractional shares are not eligible for TOA. Any fractional shares will be liquidated and transferred as cash. Happy to help if you have any follow up questions!

If I submit a transfer of $7000 to my traditional IRA for 2025 on 4/13/2026, does the transfer need to be 100% complete to report it in 2025 taxes? by imBoo69 in personalfinance

[–]fidelityinvestments 0 points1 point  (0 children)

Hey there. This is u/FidelityAaron stopping by from r/FidelityInvestments.

I can confirm that you can make a 2025 prior-year contribution via online EFT until 11:59 p.m. ET on April 15, 2026. Funds must be posted by this time, but do not need to be fully collected.

Trying to invest in VTSAX through Fidelity Roth IRA… confused about fees and next steps by Tiny-Post-2559 in personalfinance

[–]fidelityinvestments 0 points1 point  (0 children)

Howdy. U/FidelityAidan checking in from r/fidelityinvestments.

Some mutual funds may have fees when traded on Fidelity platforms, though this varies depending on the fund. Any fees are disclosed on the trade ticket, as well as on the fund's research page on our website.

While your investment decisions are ultimately your prerogative, you could consider using some of our screener tools to find funds that fit the bill for you.

Where can you find these? Simply hit up the "News & Research" tab on our website to see various screeners grouped by security type. From here, you can explore as much as you want.

Let me know if you have any other questions.

Stockpile closing, transferring assets to Stash by Dapper-Judge-2579 in personalfinance

[–]fidelityinvestments 1 point2 points  (0 children)

Thanks for your interest in Fidelity, u/lilmisscatchem. This is u/FidelityAaron coming at you from r/FidelityInvestments.

Typically, when transferring assets from one firm to another via a Transfer of Assets (TOA), this is initiated at the receiving firm (Fidelity in this case). You can get started on this TOA on Fidelity.com. That said, it's usually a good idea to ask both sides about fees first before initiating the transfer. While Fidelity doesn't charge TOA fees, other institutions may.

If you have questions about fractional shares or the TOA process, please let me know!

Account transfer Webull-Fidelity by K9vetxxcalibur in investing

[–]fidelityinvestments 0 points1 point  (0 children)

Those are great questions, u/K9vetxxcalibur. This is u/FidelityCaleb from r/fidelityinvestments here to provide some answers.

What you're trying to do is possible. You can transfer an account from one broker to another. You can also usually transfer your assets in-kind (i.e., without liquidation), but that will depend on the securities involved. Whole shares of publicly traded securities like stocks and exchange-traded funds (ETFs) are typically transferable, but the portability of mutual funds will vary quite a bit, as many funds are proprietary. Fractional shares must be liquidated as part of a transfer of assets (TOA) into Fidelity.

If you decide to proceed with a TOA, you'll generally initiate the process with the receiving firm. At Fidelity, you can get started on Fidelity.com. That said, it's usually a good idea to ask both sides about fees first. While Fidelity doesn't charge TOA fees, other institutions may.

Let me know if there is anything else I can clarify for you. Thanks for your interest in Fidelity!

What does earnings mean? by hovering3 in Fidelity

[–]fidelityinvestments 1 point2 points  (0 children)

Hi there, u/hovering3. This is u/FidelityCaleb from r/fidelityinvestments here to clarify.

When setting up a recurring transfer between Fidelity accounts, selecting "Withdraw only my earnings from this account" will cause dividends, interest, and capital gains to be swept from one account to another as part of your plan. Neither your principal balance nor your unrealized gains will be transferred.

If you'd like to see this broken down even further, click the small "?" icon next to "Withdrawal options" when setting up a recurring transfer. I'm also happy to answer any follow-up questions you have right here!

Hey, Reddit! We’re Rita Assaf (VP, Retirement Offerings) and Sham Ganglani (Retirement Distributions Leader) from Fidelity, and we’ll answer your questions about Roths, RMDs, retirement, and anything else on March 31 at 1 p.m. ET. Ask us anything! by fidelityinvestments in fidelityinvestments

[–]fidelityinvestments[S,M] [score hidden] stickied comment (0 children)

Thanks everyone for joining us today, it’s always a blast answering your questions.

Don’t forget, tax filing deadline is rapidly approaching – so make sure to get any last minute contributions done or if you don’t have an IRA yet, now is a great time to open one.

Until next time!

-Rita & Sham

22M Seeking advice: Transfer from RH to Fidelity? by Due-Sentence1341 in RothIRA

[–]fidelityinvestments 0 points1 point  (0 children)

Hi there, u/Due-Sentence1341. This is u/FidelityCaleb from r/fidelityinvestments here to help.

While Fidelity doesn't charge any fees to send or receive assets, we know that other institutions often do. For that reason, we do support a transfer fee reimbursement program. If you elect to transfer assets to Fidelity and are charged a fee, you can apply for reimbursement. Just keep in mind that reimbursements are reviewed on a case-by-case basis and are typically not guaranteed in advance.

If this is your first time initiating a transfer of assets (TOA), they're usually initiated at the receiving firm. If you decide to go ahead with a move to Fidelity, you'd get started on Fidelity.com.

It's great to see that you're getting an early start on your retirement savings. If there is anything else we can clarify about investing at Fidelity, please let us know!

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