Parents transferring money to my Fidelity Youth Account
Summary of User’s Issue and Solutions Provided:
- The main problem is that Rani’s parents are unable to find instructions on how to transfer money to her Fidelity Youth Account.
- Parents can transfer money by logging into Fidelity.com, selecting “Accounts & Trade,” and then “Transfer.”
- Rani can request money through the Fidelity Youth app by selecting “Transact” and then “Request money,” but this can only be fulfilled by a linked parent account.
- Parents need to complete the account linking process and download the Fidelity Youth app before transferring money.
- For more details, users can visit the FAQ page provided by Fidelity.
Here’s the full thread
Hi,
My parents are trying to transfer money to my Fidelity Youth Account, but my parents are not finding on the website how to transfer money to me. Could you please share any instructions on how money can be transferred from my parents account to mine?
Thanks for reaching out to us, @Rani! We are happy to see that you have opened our Fidelity Youth Account.
A parent/guardian can add money to your account by transferring money from their Fidelity account. They simply would have to log into Fidelity.com, select “Accounts & Trade”, and then “Transfer” to get started.
In addition, you can select Transact > Request money in the Fidelity Youth™app to request money from their parent.
Requests can only be fulfilled by the parent whose eligible retail brokerage account (i.e. The Fidelity Account® and the Fidelity® Cash Management Account) is linked to the teen’s Fidelity Youth Account. Parents must first complete the account linking process and download the Fidelity Youth app before they can transfer money.
You can learn more on our FAQ page online: https://www.fidelity.com/go/youth-account/faqs
Let us know if you have any additional questions. We are here to assist! 🟢