Fidelity, what to do?
Jan 29, 2012 | 11:56 am
#1
Original Poster
Join Date: Apr 2011
Posts: 267
Fidelity, what to do?
Hi,
I do not really know what category this could fall in. It is not about credit issue, so sorry mod if this post is in a wrong place.
Currently I have around $700 in my IRA account at Fidelity. From my past experience, if I take out this amount, I would face a penalty charge for an amount which is below $1000. I do not know what to do to make this $700 in something valuable like points or miles or have a way to get out this money by doing something/transfer to where that I can have a minimal loss. If someone here has any ideas, please have your valuable inputs. Thanks for your help in advance.
I do not really know what category this could fall in. It is not about credit issue, so sorry mod if this post is in a wrong place.
Currently I have around $700 in my IRA account at Fidelity. From my past experience, if I take out this amount, I would face a penalty charge for an amount which is below $1000. I do not know what to do to make this $700 in something valuable like points or miles or have a way to get out this money by doing something/transfer to where that I can have a minimal loss. If someone here has any ideas, please have your valuable inputs. Thanks for your help in advance.
Jan 29, 2012 | 12:02 pm
#2
Join Date: Dec 2003
Location: Brooklyn, NY, United States
Programs: AA, BA, UA, Spirit, Delta, PC Plat, SPG Gold, HHonors Diamond, Club Carlson Gold, Marriott Gold
Posts: 1,735
Hi,
I do not really know what category this could fall in. It is not about credit issue, so sorry mod if this post is in a wrong place.
Currently I have around $700 in my IRA account at Fidelity. From my past experience, if I take out this amount, I would face a penalty charge for an amount which is below $1000. I do not know what to do to make this $700 in something valuable like points or miles or have a way to get out this money by doing something/transfer to where that I can have a minimal loss. If someone here has any ideas, please have your valuable inputs. Thanks for your help in advance.
I do not really know what category this could fall in. It is not about credit issue, so sorry mod if this post is in a wrong place.
Currently I have around $700 in my IRA account at Fidelity. From my past experience, if I take out this amount, I would face a penalty charge for an amount which is below $1000. I do not know what to do to make this $700 in something valuable like points or miles or have a way to get out this money by doing something/transfer to where that I can have a minimal loss. If someone here has any ideas, please have your valuable inputs. Thanks for your help in advance.
Jan 29, 2012 | 12:41 pm
#3
FlyerTalk Evangelist
Join Date: Aug 2002
Location: Intermountain West
Programs: Too many to list
Posts: 12,743
Hi,
I do not really know what category this could fall in. It is not about credit issue, so sorry mod if this post is in a wrong place.
Currently I have around $700 in my IRA account at Fidelity. From my past experience, if I take out this amount, I would face a penalty charge for an amount which is below $1000. I do not know what to do to make this $700 in something valuable like points or miles or have a way to get out this money by doing something/transfer to where that I can have a minimal loss. If someone here has any ideas, please have your valuable inputs. Thanks for your help in advance.
I do not really know what category this could fall in. It is not about credit issue, so sorry mod if this post is in a wrong place.
Currently I have around $700 in my IRA account at Fidelity. From my past experience, if I take out this amount, I would face a penalty charge for an amount which is below $1000. I do not know what to do to make this $700 in something valuable like points or miles or have a way to get out this money by doing something/transfer to where that I can have a minimal loss. If someone here has any ideas, please have your valuable inputs. Thanks for your help in advance.