Great place for corporate employees to take control of their 401K plans
Written: Jul 26 '01
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Pros: Secure site, updated nightly, easy to navigate and use
Cons: Haven't found one so far
The Bottom Line: You get to be in control of your 401K account with Fidelity and that's so important in today's financial climate!
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| heartsharer's Full Review: Fidelity Investments 401K Services |
I recently joined a company who uses Fidelity as their 401K plan manager. From the moment I was eligible to participate in the 401K plan at work, I was able to log on to the Fidelity web site, set my password, and review the investment options available to me. Let me tell you, it was incredibly easy to use, a snap to sign up, and everything, including the direction and percentage of my investments, were processed without a hitch!
I've now been in the 401K plan for 5 months, and I have online access to my account from home or from work. I can review how my investments are doing daily, unlike my previous employer who managed our 401K plans in-house and we only saw our statements quarterly, and even then, only about 60 days past the quarter's end. The Fidelity option I have now is so much better!
I have made changes in my investments, transferred money from one fund to another, and monitored my account regularly. With Fidelity, you can even download your account history into Quicken, Microsoft Money, or other financial software!
If you have the opportunity to influence your company on the management of its 401K plans, Fidelity is definitely the way to go!
Recommended:
Yes
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Epinions.com ID:
heartsharer
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Reviews written: 20
Trusted by: 1 member
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