How does Fidelity charge fees for rebalancing a 401k that includes digital currencies?

3 answers

• moiz lokhandvalaOct 17, 2024 · 10 months ago
  When it comes to rebalancing a 401k that includes digital currencies, Fidelity charges a fee based on the total value of the assets being rebalanced. The fee structure may vary depending on the specific 401k plan and the digital currencies involved. It's best to consult with a Fidelity representative or refer to the plan documentation for detailed information on the fees and calculations. 💡 Remember to consider the potential tax implications and any additional fees associated with trading digital currencies within a retirement account.
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• PaulinaBuryDec 02, 2021 · 4 years ago
  Fidelity's fee structure for rebalancing a 401k that includes digital currencies is designed to align with industry standards and cover the costs associated with managing and maintaining the assets. The fees are typically a percentage of the total value being rebalanced, and they may vary depending on factors such as the size of the account and the specific digital currencies involved. It's important to review the fee schedule provided by Fidelity or consult with a financial advisor to understand the exact fees that apply to your situation. 📌 Keep in mind that fees are just one aspect to consider when managing a 401k that includes digital currencies. It's also important to evaluate the performance and potential risks associated with these assets.
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• ArsenySep 08, 2020 · 5 years ago
  When it comes to rebalancing a 401k that includes digital currencies, Fidelity offers competitive fee structures that aim to provide value for investors. The fees charged by Fidelity may vary depending on factors such as the size of the account, the specific digital currencies involved, and the overall complexity of the rebalancing process. It's recommended to reach out to Fidelity directly or consult with a financial advisor to get a clear understanding of the fees associated with your specific situation. 🔍 Remember to compare and evaluate different options when managing your 401k, as fees can have a significant impact on your long-term returns.
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