Fidelity brokagelink

knock

BrokerageLink
This is a Fidelity NetBenefits® account investment option that is available through some employers' plans.

The availability of Fidelity NetBenefits and the options and services available to you depend on the specific features of your employer's plan.

If your NetBenefits account has the BrokerageLink investment option and you use it, a linked brokerage account maintained with Fidelity Brokerage Services LLC is funded with money from your NetBenefits account. From this linked brokerage account, you can buy a variety of securities (e.g., stocks, bonds, mutual funds) depending on the type of plan and the plan provisions.

The BrokerageLink value that is displayed on the NetBenefits Account Balances screen is the market value of the linked brokerage account as of the date displayed.

Note:On the Portfolio screen, a BrokerageLink account is listed separately from a NetBenefits account with which it is linked and is displayed as a non-prototype (NONP) brokerage account.

silicon_beaver

Does it mean 401k $$$ could be used in broker account?
If true, that's cool.

knock

Check your company's 401k. If it has brokeragelink option, you can follow the process (some paperwork) and get it activated. Then, you can trade stock in 401k.

silicon_beaver

got notice from Company. It's declined in last review.
I push them to re-review the policy once more. They told they would and keep me notified.

senore100

My wife's company just changed their 401K over to BrokerageLink, and they can't trade stocks, only mutual funds in a pool.