A Fidelity IRA is a Traditional IRA that is often used by those who have changed jobs or retired and have assets accumulated in their employer-sponsored retirement plan, such as a 401(k).

Eligible distributions from such plans can be rolled over directly into a Fidelity Rollover IRA without incurring any tax penalties and assets remain invested tax-deferred.

Consolidating multiple employer-sponsored retirement plan accounts into a single Rollover IRA can make it easier to allocate and monitor your retirement assets.

About Fidelity Investments

FideliTrade Incorporated is an independent, Delaware-based corporation that provides precious metals sales and support services including buying, selling, delivery, safekeeping and custody services to both individuals and companies.

It is not affiliated with Fidelity Investments. FideliTrade is not a broker-dealer or an investment advisor and is not registered with the Securities and Exchange Commission or FINRA.

ScotiaMocatta is a division of Bank of Nova Scotia and is not affiliated with Fidelity Investments.

Orders to buy and sell precious metals by customers of Fidelity Brokerage Services, LLC (FBS) are handled by National Financial Services LLC (NFS), an affiliate of FBS.

NFS processes precious metal orders through FideliTrade or ScotiaMocatta, which are not affiliated with either FBS or NFS.

The bullion or coins that are stored for customers at FideliTrade or ScotiaMocatta are insured against theft and disappearance.

Fidelity customers’ holdings at FideliTrade or ScotiaMocatta are held in a separate account under the Fidelity name.

Both FideliTrade and ScotiaMocatta maintain $1 billion in “all risk” insurance coverage at Lloyds of London for bullion held in its high-security vaults, and $300 million in contingent vault coverage.

Bullion and coin investments in FBS accounts are not covered by either the SIPC or insurance “in excess of SIPC” coverage of FBS or NFS.

Past performance is no guarantee of future results. The gold industry can be significantly affected by international monetary and political developments such as currency devaluations or revaluations, central bank movements, economic and social conditions within a country, trade imbalances, or trade or currency restrictions between countries.

Fluctuations in the price of gold and precious metals often dramatically affect the profitability of companies in the gold and precious metals sector. Changes in the political or economic climate, especially in gold producing countries such as South Africa and the former Soviet Union, may have a direct impact on the price of gold worldwide.

Bullion and coin investments in FBS accounts are not covered by either the SIPC or insurance “in excess of SIPC” coverage of FBS or NFS. Details of various investment restrictions on IRA’s and other retirement accounts may be found in Internal Revenue Code section(s) 408(m) and Publication 590.

There are delivery charges and applicable taxes if you take delivery. Fidelity charges a quarterly storage fee of 0.125% of the total value or $3.75, whichever is greater.

Storage fees are pre-billed based on the value of the precious metals in the marketplace at the time of billing. For more information on these other investments and the cost of a specific transaction, contact Fidelity at 800-544-6666. Minimum fee per precious metals transaction: $44.

Minimum precious metals purchase: $2,500 ($1,000 for IRAs). Precious metals may not be purchased in a Fidelity Retirement Plan (Keogh), and are restricted to certain types of investments in a Fidelity IRA.

How Do I Rollover to a Fidelity IRA?

A rollover takes three steps:

1. Open the appropriate IRA.
2. Move your money to Fidelity—to do this, you will need to initiate a rollover from your former employer’s plan.
3. Choose your investments in the Fidelity Rollover IRA.

What to do With an Old 401(k)

Have an old 401(k) from a former employer? We can help you weigh your options so you can make the right decision for your specific needs.

Four options regarding your old 401(k):

1) Rollover to a Fidelity IRA

Roll over to Fidelity and consolidate your retirement accounts in one place while continuing tax-deferred growth potential. You’ll get a wide range of investment options that cost only $4.95 per online U.S. equity trade.*

2) Rollover to a New Workplace Plan

If allowed, this option lets you consolidate your 401(k)s into one account while continuing tax-deferred growth potential. Investment options vary by plan.

3) Stay in Your Old Workplace Plan

If permitted, this option lets you continue tax-deferred growth potential; however, you can no longer contribute to the old plan. Investment options vary by retirement plan.

4) Cash Out

If you withdraw the money from your 401(k) plan, your cash distribution will be subject to state and federal taxes and, before age 59½, a 10% withdrawal penalty may apply.5 Also, your money won’t have the potential to continue to grow tax-deferred.

Should I Convert My 401(k) Into A Gold IRA?

If you no longer have earned income as an early retiree and can no longer contribute to my company 401(k), converting your 401(k) to a Gold IRA may be a good idea. For those of you who are transitioning to a new job, rolling over your 401k to a Gold IRA is also a good idea.

Even though a 401(k) may provide about 40 or so mutual fund choices provided across various sectors, countries, and asset classes, it may not be enough for what you want to do with your overall retirement plan. With a Gold IRA, you’ve got plenty more investment options.

If you are ready to rollover your 401(k) or even a Fidelity 401(k) to a Gold IRA, view our List of Top 10 Gold IRA Companies and see why it you should choose to work with the most trusted IRA Custodian in the industry, Regal Assets.

Do you have any questions on what is the best way to rollover your Fidelity 401(k) to a Gold IRA? Ask below!