What is the cost of rebalancing a 401k portfolio that includes digital currencies on Fidelity's platform?
MD Awal KhanApr 30, 2022 · 3 years ago3 answers
Can you provide more information on the cost associated with rebalancing a 401k portfolio that includes digital currencies on Fidelity's platform? I would like to understand the fees involved and how they compare to other platforms.
3 answers
- Apr 30, 2022 · 3 years agoThe cost of rebalancing a 401k portfolio that includes digital currencies on Fidelity's platform may vary depending on the specific funds and investments in your portfolio. Fidelity typically charges a fee for rebalancing, which can range from a flat fee to a percentage of the assets being rebalanced. It's important to review Fidelity's fee schedule and consult with a financial advisor to understand the exact cost for your specific situation. Additionally, it's worth comparing the fees charged by Fidelity to other platforms to ensure you're getting the best value for your investment.
- Apr 30, 2022 · 3 years agoRebalancing a 401k portfolio that includes digital currencies on Fidelity's platform can incur costs in the form of transaction fees and management fees. Fidelity offers a wide range of investment options, including digital currencies, and each investment option may have its own associated fees. It's important to review the prospectus and fee schedule for each investment option in your portfolio to understand the costs involved. Additionally, Fidelity may charge a fee for rebalancing your portfolio, which can vary depending on the size and complexity of your holdings. It's recommended to consult with a financial advisor to determine the exact cost of rebalancing your specific 401k portfolio on Fidelity's platform.
- Apr 30, 2022 · 3 years agoWhen rebalancing a 401k portfolio that includes digital currencies on Fidelity's platform, it's important to consider the costs involved. Fidelity offers a range of investment options, including digital currencies, and each investment option may have its own associated fees. The cost of rebalancing can vary depending on the specific funds and investments in your portfolio, as well as the size and complexity of your holdings. It's recommended to review Fidelity's fee schedule and consult with a financial advisor to understand the exact cost for your specific situation. Additionally, it's always a good idea to compare the fees charged by Fidelity to other platforms to ensure you're getting the best value for your investment.
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