When clicking profile, it opens my employer’s website.
Summary of User’s Concerns and Solutions:
- Main Problem: The user is unsure about what happens to their NetBenefits account after leaving their employer and whether they need to create a new account.
- Solution 1: The user can typically continue accessing their NetBenefits account even after leaving their employer.
- Solution 2: Their NetBenefits login will work on Fidelity.com, allowing them to open a new account or access their new employer’s plan if it’s with Fidelity.
Here’s the full thread
What happens to my account once I am no longer employed there? Also, I am trying to open a join account with someone that has a regular Fidelity account. I used my personal email. Thank you for your help!
Hi, @DamianPilot382. Thank you for dropping by. It sounds like you might be referring to a 401(k). I’m happy to help provide some insight, as well as point you in the right direction regarding opening a new account.
When your 401(k) plan becomes inactive after leaving an employer, you generally have a few choices to consider for the account:
1. Keep your 401(k) with your former employer
2. Roll over the money into an IRA
3. Roll over your 401(k) into a new employer’s plan
4. Cash out
Please note that 401(k) plan withdrawals may be subject to taxes and penalties based on your tax bracket and age. That said, Fidelity does not provide legal or tax advice, and we highly encourage you to speak with a qualified tax advisor to review your situation before moving forward. Here is a good resource on the pros and cons of each of those four choices.
Considerations for an old 401(k): https://www.fidelity.com/viewpoints/retirement/what-to-do-with-an-old-401k
If you have any other plan-specific questions, our Workplace Investing team will gladly discuss your 401(k) choices with you. If prompted, you can say “401(k)” to be routed correctly. The team is available Monday through Friday, 8:30 a.m. to midnight ET.
Contact Us: https://www.fidelity.com/customer-service/contact-us
As for the Joint account, you can open your new account on Fidelity.com. I’ll link our accounts page below. When opening the account, you will use the same credentials you’ve used on NetBenefits.com.
Open an account: https://www.fidelity.com/open-account/overview
Feel free to follow up with us, and let us know if you have any further questions about the process. We are happy to help! 🟢
Hi Heather! Thank you for your answer. My question is a bit different. For NetBenefits, do I have all of the same priviliges as a full Fidelity account? And what happens once I am no lonegr with my current employer? Do I need to make another account? Thank you for your help!
You are typically able to access your Netbenefits account even after leaving an employer. Additionally, your Netbenefits login works on Fidelity.com so if you choose to open an account or if your new employer plan is with Fidelity, you can use the same login. 🟢