Stock Plan Services | Your Fidelity Account | Fidelity (2024)

FAQs

What is Fidelity stock plan account? ›

Your Fidelity Account^® is where your stock plan shares and cash will be held when your awards pay out or when you make a purchase through an ESPP. It's a brokerage account with lots of convenient features. You can manage your cash using an ATM or debit card, online bill paying, checkwriting, or money transfers.

If you have any general questions about the ESPP or the enrollment process, call Fidelity Stock Plan Services at 800-544-9354.

Company adopts a plan that permits employees to use after-tax payroll deductions to buy shares of company's stock. This differs from a qualified retirement plan (like a 401k plan) to which employee money is contributed on a pre-tax basis.

Go to Fidelity.com/pws or call 800-343-3548. Use this form to establish, change, or delete an ongoing automatic withdrawal plan for a Brokerage or Mutual Fund Only Traditional, Roth, Rollover, SEP, or SIMPLE IRA account.

A stock plan is a benefit that companies provide to grant their employees the ability to receive or purchase shares of company stock as part of employee compensation.

Shares of stock received or purchased through a stock plan are considered income and generally subject to ordinary income taxes. Additionally, when shares are sold, you'll need to report the capital gain or loss. Learn more about taxes, when they're paid, and how to file your tax return.

A brokerage account is an investment account that allows you to buy and sell a variety of investments, such as stocks, bonds, mutual funds, and ETFs. Whether you're setting aside money for the future or saving up for a big purchase, you can use your funds whenever and however you want.

On the settlement date securities that you bought, or any cash that you got if you sold securities, is all yours and will appear in your account for you to hold onto or initiate a new trade.

If you were granted stock options and have already exercised some or all of those vested options before your departure, you already own those shares—your company usually can't claim or repurchase them when you leave.

An employee stock purchase plan (ESPP) is a company-run program in which participating employees can purchase company stock directly, at a discounted price. Employees contribute to the plan through payroll deductions which build up between the offering date and the purchase date.

Is it safe to keep all your money in Fidelity? ›

All Fidelity brokerage accounts are automatically protected by the SIPC.

Fidelity may require you to confirm your decision via email or phone call for security purposes. Once the closure request is confirmed, any remaining funds in the account will be transferred to your designated bank account within a specified timeframe.

Withdrawals from these accounts are generally taxed as ordinary income. Also, a 10% early withdrawal penalty generally applies on distributions before age 59½ for IRAs and 401(k)s, unless you meet one of the IRS exceptions.

For general investing and trading, investing for a big goal (like the down payment on a house), or simply giving your money the potential to grow, consider the Fidelity brokerage account.

Stock Plan Account means the account established for each Stock Plan Participant to reflect the amount of Fees which such Participant has elected to defer under the Stock Plan, any interest component and all Plan Units which have been acquired with such Fees and interest component.