Here’s a summary of the main problem and solutions discussed: Main Problem: The user, Chris Short, is facing issues with a missing data on their 1099-B, particularly regarding state/federal tax withholdings and cost basis, which complicates their tax preparation. Solution Options Discussed: Contacting Fidelity for assistance and waiting for their response. Manually gathering necessary transaction…
Summary: The main problem reported by the user, Jim Covert, is whether he needs to wait for the check from his Traditional IRA to be confirmed deposited in his 401(k) before initiating a Roth conversion, given that he currently has no pre-tax money left in his IRA. Fidelity clarified that there is no requirement to…
Main Problem: DrahacikFM expresses frustration with Fidelity’s restrictions on SPX options trading, noting limited trading hours and specific prohibitions that hinder experienced traders. Discussed Solutions: Fidelity offers trading for SPX options during pre-market hours (7:00 a.m. to 9:15 a.m. ET) and normal market hours (9:30 a.m. to 4:15 p.m. ET), but not during after-market sessions….
Summary of User’s Post: The main problem reported by the user is whether they can keep their Solo 401k open while transferring an IRA to take advantage of a 3% match offered by RH, and if their contributions for 2024 must remain in the account until tax filing. The user learned from a representative that…
Summary of User’s Issue and Solutions Discussed: The user reported difficulty in finding information on returns from matured treasury bills/notes in the performance income section. Fidelity suggested checking the “Closed Positions” section for cost basis information on matured treasury bills. As an alternative, Fidelity mentioned that the cost basis for non-matured positions can be viewed…
Here’s a summary of the main issue and solutions discussed in the conversation: Main Problem: The user, Dan, is seeking ways to deposit money into his account without having a bank account. ATM Deposits: Dan can only use an ATM to deposit money into his account since he does not have an active bank account….
Here’s a summary of the main issue reported and the solutions discussed: Main Problem: Dr. RobotNick reported an unauthorized transaction of $80 from their Fidelity debit card after adding it to a new phone’s wallet. Solution: FidelityShawn advised contacting Debit Card Services using the number on the back of the debit card to initiate a…
Here’s a summary of the main problem and solutions discussed in the conversation: Main Problem: A user inquired if a person named “fidelityinvestments7” is a representative of Fidelity Investments, indicating concerns over potential fraudulent communication. Solution 1: If someone receives a direct message or friend request from that account, they should report it. Solution 2:…
Main Problem: User wants to prevent uninvested cash in their Roth IRA from being swept daily into a money market fund and prefers to keep it in their cash account instead. Solutions Discussed: Fidelity explains that a core position is used for uninvested cash and offers various options for core positions. User can refer to…
Here’s a summary of the main problem reported by the user and the solutions discussed: Main Problem: The user wants to know if they can buy funds in their Roth IRA directly using money from their separate brokerage account without having to transfer funds first. Solution 1: It is possible to transfer cash from the…
Main Problem: Users are concerned about potential fees or price differences when purchasing U.S. Treasuries through Fidelity versus the Treasury Direct website. Solutions Discussed: No fees or commissions are charged when purchasing U.S. Treasuries online at Fidelity, including auction and secondary issues, unless a representative places the trade, which incurs a $19.95 commission. A $1…
Here’s a summary of the main issue and solutions discussed in the conversation: Main Problem: The user wants to know how to transfer their current Fidelity brokerage account into an LLC they have formed. Solution: The user must establish a new Fidelity account for the LLC if they are using a different SSN or TIN…
Here’s a summary of the main problem reported and the solutions discussed: Main Problem: The user, Hordedrain, is experiencing issues with Full View not loading. Solutions Discussed: Clear your browser’s cache and cookie settings. Try using a different browser. Access Full View from a different device. If the issue persists, contact the Technical Support team…
Summary of User Problem and Solutions Discussed: The main problem reported by the user, Harpin, is the inability to view current auctions or purchase fixed income investments, like treasuries, through the Fidelity mobile app. Fidelity representatives clarified that currently only Certificates of Deposit (CDs) can be traded through the mobile app, while other fixed income…
Summary of the user’s inquiry and response: Main Problem: The user wants to know if they can enter OCO (one-cancels-the-other) and OTOCO (one-triggers-a-one-cancels-the-other) orders using the Fidelity mobile app. Solution: Conditional orders like OCO and OTOCO are only available on Fidelity.com and Active Trader Pro, not in the mobile app. Steps to Place Conditional Orders:…
Here’s a summary of the main problem and the solutions discussed in the conversation: Main Problem: The user, Trevor, wants to transfer assets from Vanguard to Fidelity but is unsure if all his assets can be transferred and if there are any associated costs. Solution: Fidelity explained that most securities can be transferred in kind…
Summary of User’s Issue and Solutions Discussed: The main problem reported by the user is experiencing wash sales on positions after selling a portion of a Fidelity baskets portfolio, despite only selling and not rebuying shares within a 30-day period. Fidelity’s representative explained the IRS definition of wash sales and noted that their system tracks…
Here’s a summary of the main problem and solutions discussed in the post: Main Problem: The user, Shokai, reports that money transferred from Apple Cash to their bank account is inconsistently showing up and disappearing, despite the transfer indicating it has gone through. Solution Offered: Fidelity’s representative suggests that Shokai reach out through Modmail on…
Summary of User’s Concerns and Solutions: The main problem reported by the user is whether they can convert shares between PIPAX and PISNX, and if so, how to do it on the website, including the associated costs. The user can place a trade on the website to exchange between the two funds or place a…
Summary of User’s Inquiry and Solutions Provided: The main problem reported by the user is the desire to transfer stock or ETF holdings from one brokerage account to another within Fidelity, without selling and rebuying the assets. Fidelity representatives confirmed that users can perform a “transfer in-kind” between like-registration Fidelity accounts by following these steps:…