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Mutual Funds and Mutual Fund Investing — Fidelity Investments
My plan added a low-cost collective trust. Her plan is managed by Fidelity. Fidelity calls it BrokerageLink. Some k plans managed by Charles Schwab bitcoind have this feature. She can designate a percentage of her ongoing payroll deductions toward it.
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Buying Bitcoin Through a Brokerage Account
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BrokerageLink is for sophisticated investors willing to take additional risks with their investments. If you are prepared to assume the responsibility of more closely monitoring this portion of your portfolio, bitciins could be ideal for you. However, if you do not feel comfortable actively managing a portfolio beyond the standard mutual funds offered through your plan, then you may not want to invest through BrokerageLink. Remember: it is always your responsibility to ensure that the options you select are consistent with your particular situation including your goals, time horizon, and risk tolerance.
In cases of discrepancy, the BrokerageLink Handbook and the plan document will govern. Review the Handbook carefully and return a completed application to Fidelity in the envelope provided. Fixelity receipt of the form, Fidelity will set up your fidleity within five to ten business days. Money directed brokerahelink BrokerageLink is held in an account separate from your b or b Plan accounts.
After this initial exchange, you may direct payroll contributions to be invested in your BrokerageLink account. There is no minimum amount for payroll contributions. The core account is the cash component of your BrokerageLink account. You can then direct your money to other investments options within each plan.
There are no plan level fees. Ineligible security types: Fidelity mutual funds and non-Fidelity mutual funds fideliry through the b or b Plans, stocks, corporate bonds, zero-coupon bonds, U. S Treasury securities, mortgage securities and U. CallMonday through Friday from A. To access your b or b account online, visit www.
To research mutual funds or any individual securities before you initiate a Brokerage account or an individual trade within your account, visit www. Your Brokerage account balance will be listed as a line item on your quarterly statement within your b or b Plan accounts.
You will also receive a separate Brokerage account statement quarterly that provides the detail of your individual holdings. Before investing in any mutual fund, please carefully how to buy bitcoins in fidelity brokeragelink the investment objectives, risks, charges and expenses.
For this and other information, call or write Fidelity for a free prospectus. Read it carefully before you invest. An investment in a money market fund is not insured or guaranteed by the FDIC or any other government agency. Plan participants have trading authority over BrokerageLink accounts. Consult the BrokerageLink account terms and conditions for more information. A self-directed brokerage account is not for.
If you are an investor who is willing to take on the potential for risk and you are prepared to assume the responsibility how to buy bitcoins in fidelity brokeragelink more closely monitoring this portion of your portfolio, it could be appropriate for you. Additional fees apply to a brokerage account, please refer to the fact sheet and commission schedule for a complete listing of brokerage fees. Remember, it is always your responsibility to ensure that the options you select are consistent with your particular situation including your goals, time horizon, bbrokeragelink risk tolerance.
The investment options available through the Wayne State University b and b Plans reserve the right to modify or withdraw the exchange privilege. Access to the money in this account is regulated according to the Internal Revenue Code and other applicable legislation.
Each plan has certain restrictions that you are responsible for knowing about and with which you must comply. Commission schedules and fees are subject to change.
Account service and maintenance fees apply. Please refer to the FundsNetwork fund listing for more details on the FundsNetwork program and a complete listing of available funds.
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