Originally Posted by
IntFF
I am doing a 2nd miles bonus (UA) with Fido. But this time I have in the Fido acct lots of stocks (closed acct at another broker). I know that for 6 months I can not take money I tranferred to Fido (the $100K), or any stocks in the acct, or money that resulted from selling stocks.
What abt dividends paid during these 6 months?
Anybody knows if OK to take out the dividends ??
You just have to be sure that your securities' value is over $100K. A couple years ago, I transferred bonds worth just over 100K. Their value went down, so I had to keep my dividends in my Fidelity account. This time I made sure to leave myself a few thousand dollar cushion in case my bonds go down again.