Does this make tax sense?: I want to pay my kids 6k this year as independent contractors for modeling work (photo shoots etc). I will then put that money into their RothIRA at Fidelity which I am the custodian over. At the end of the year I’ll file their taxes (Example screenshot below, would double FICA in this example since they will be paying SECA). To pay their tax liability I will either give them a gift or take it from their allowance…. Cont.

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Switched from Robinhood to fidelity last week. But I can't use this app, it's so bad. I value good ux and a clean interface, it looks like it was built in the 90's! What's a better ap… more

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Looking to automate every paycheck and let it run for next 10-15 years. I have vanguard and fidelity. Any suggestion on funds with low expense ratios?

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My 10 year old daughter loves saving money and is very money motivated. She has about $1,500 sitting in a savings account. I’d love to open a brokerage account for her and put it into S&P so she c… more

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Had a quick question on fidelity 529 plans for those that are doing it for kids college. Our first is only three months old and we plan to aggressively contribute for 4 years and then let off the gas … more

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I recently joined Microsoft and the 401k investments options through Fidelity are a bit limited. I am 31 and may be in a lower tax bracket than today's (24%) in the future. Which funds would be more beneficial? VFFSX? LIVIX?

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Hello , need some advice . Have around $150 K in traditional 401k at Vanguard and switching to Accenture who I believe have Fidelity as 401K provider. Have following questions: 1. Do I just leave the … more

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I opened a ROTH IRA without knowing the income limit with Fidelity and currently make 150k. Is there any way for me to contribute to it? I can contribute to it through Fidelity but I’m not sure how th… more

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I have my retirement accounts with Vanguard. I found that Fidelity offers zero expense ratio index funds (FNILX, FZIPX, FZROX, FZILX). They look similar to VTI, VOO, etc. but don’t have any costs. Wha… more

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Since I can’t use Robinhood I switched to Fidelity but find Fidelity much harder to visually see how my investments are doing compared to RH. Is this just the sad reality of Fidelity or should I look … more

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Planning to do backdoor Roth IRA..just opened traditional & roth ira account with Fidelity..whats the timeline transfer funds between traditional & roth account? Do i have to do one time 6k or… more

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Tried googling but didn’t understand. My company offers pre-tax 401k, Roth 401k and After-tax 401k through Fidelity . What is the difference between roth 401k and after-tax 401k? (Is it just the con… more

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Hi! I’m new to investing so hope my Q makes sense. I’m using betterment right now and my time-weighted returns are not as great as S&P 500 in comparison. I think I’ll stop putting money into bette… more

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Is there another app that has a UI/UX as good as Robinhood? I didn’t start seriously investing until Robinhood because I found ETrade, Vanguard, and Fidelity apps very unintuitive but Robinhood change… more

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I’m currently on a project with another designer that is higher in ranking. A lot of their design decisions for screens are not as thought out even for mid fidelity screens like not taking into consid… more

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New to Deloitte, looks like fidelity is restricted to use… do I need to transfer my former 401k plan to vanguard and can I still maintain my HSA account with fidelity tho? Thanks guys!

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Planning to open brokerage account with fidelity to invest around 50K then $500 each month. Is it good strategy? Also any good bonds, stock etc you guys suggest atleast to hold for next 5 years? I am … more

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Started a new job, new 401k. Trouble is, I have the previous 401k to roll over, and 3 IRAs from previous jobs. All at well-respected investment firms - Fidelity, Transamerica, Voya, Chase. These are a… more

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I have $125k in unrealized gains. What do I do? It’s all in an S&P 500 index fund and I want to diversify it. The fund is with Schwab but I use fidelity as a brokerage, so I pay a fee on the fund.… more

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advice pls: i’m already maxing out my 401k, roth IRA, and HSA. i have an emergency fund in a HYSA but still have some savings leftover that i’d like to throw in mutual/index funds. (i haven’t done the… more

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What do we think about brokerages? - Charles Schwab - E*TRADE - WeBull - Fidelity - Vanguardmore

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In fidelity invested in ITOT/VTI around20 k..where do we invest next 20k? Looking fir some other index fund..any advise plz?

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I contribute 13% pretax to my 401k…and put 30% into my savings in Chase acct. Company matches like 6% I think. Do I need to readjust? Fidelity says Roth contribution is available but I don’t think tha… more

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I have 55k in my 401k, ~110k in investments across Fidelity and Robinhood, but only 5K in my savings account. Is this risky? My friends mentioned that 50% of their money is in cash and now I’m scared … more

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Expecting~$200k in cash coming in. Currently I'm with Fidelity. Is it worth the hussle to deposit it in another brokerage to earn the $900 bonus? I'll make the deposit, buy the index fund, let… more

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I'm new to the Fidelity HSA account. If I have all my money in my HSA invested into stocks, bonds, etc. (No cash balance at all) and I suddenly have to pay for a medical expense, do I have to firs… more

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Recently started a new job and looking for input on a 401k rollover. I rolled over my 401k into my Fidelity accounts with the post-tax portion going straight to my Roth IRA and 37k of trad 401k going … more

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Just started at Deloitte and need to send my money out of robinhood. Most posts seem to say people in my shoes opted for TD Ameritrade or Fidelity. Anybody have strong preferences for one over the oth… more

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Thinking about switching my 401k from a fidelity target fund to a S&P one. How does this actually work? Does it just contribute to the new fund on an ongoing basis or does it also sell the origin… more

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Can someone explain mutual vs. index funds? I've heard it's more tax efficient to hold mutual funds in retirement accounts and index funds in taxable accounts (due to capital gains)? Would it… more

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I have over 100K in savings. The only thing I’ve contributed to is 401K. I’m early 30s and haven’t made any investment mostly because I have no idea where to start like what platform to use - Robinhoo… more

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My previous employer used Fidelity and I have some 401k balance. My new employer uses Vanguard, so I don’t think I can transfer the balance out, right? What can I do in this case? Thanks so much!

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I'm in my early 30s and wondering what moves to make. I have enough liquid cash for an emergency fund of 5-6 months, no kids yet, no bad debt, and a fidelity 401k with about 65k to which I just up… more

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Thoughts on how to allocate Fidelity 401k at my new employer? Stock investments shown here, blended fund and bonds shown in comments. I am 26 and was thinking to put 80% into 500 index and 20% into INTL index. There is also a separate option to put it all into a target date fund, which would be easier but higher expense ratio.

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Live in the Bay Area with HHI of ~250K. Does it make sense to open an IRA with Fidelity and then switch it into a Roth IRA to bypass the income limits? What are the tax liabilities in doing the backdo… more

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Have a fidelity 401-k at current employer. Moving to a new employer who also uses fidelity. Do I still need to roll it into an IRA?

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Fidelity vs Charles schwab? Recommendations. Tnx

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Do any of you invest in the target retirement funds? I honestly think they are awful but a lot of advisors recommended them as a good blend. I’m 24 years old with 85k saved, all in mixed vanguard or f… more

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Hello Folks, I recently changed a job and my new employer do not match 401k contributions. Therefore, I was planning to keep my existing 401k with the previous employer for the time being and open a n… more

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i accidentally placed an immediate trade order for VTIP instead of VTI on fidelity. are there any penalizations for immediately selling?

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