Fidelity’s BrokerageLink® is an innovative investment option designed for select retirement plans, including 401(k) plans. Functioning as a self-directed brokerage account within your employer-sponsored retirement plan, BrokerageLink® provides you with an exceptional opportunity to enhance your investment choices and take greater control over your retirement savings.
Traditional retirement plans often offer a limited range of pre-selected mutual funds. However, with BrokerageLink®, you gain access to a much broader selection of investment options. This includes the ability to invest in individual stocks, exchange-traded funds (ETFs), bonds, and mutual funds from various fund families. This expanded investment universe allows seasoned investors to pursue a more self-directed approach and enables diversification beyond standard plan options.
Personalization is key when it comes to retirement planning. BrokerageLink® empowers you to craft a customized investment strategy that aligns with your financial goals, risk tolerance, and individual preferences. This flexibility is especially beneficial for those who wish to actively manage their retirement savings and have specific investment preferences or beliefs.
While BrokerageLink® caters to self-directed investors, it also offers the unique advantage of partnering with a professional third-party advisor (where permitted by your employer’s plan). If you prefer to have a financial advisor manage your investments or to seek expert guidance on your retirement strategy, you should opt for a qualified advisor who is familiar with the BrokerageLink® platform. This option is ideal for individuals who value professional advice and management while still having access to the BrokerageLink® expanded investment choices.
In conclusion, Fidelity’s BrokerageLink® offers a powerful combination of flexibility and choice for retirement investors. Whether you prefer a hands-on approach, want personalized advice from a professional advisor, or seek diversification beyond traditional mutual funds, BrokerageLink® has the potential to elevate your retirement planning experience.
For those with an active Fidelity 401(k) plan through their employer, reaching out to a financial advisor at Capital Advantage can provide valuable insights and determine whether BrokerageLink® aligns with their investment goals.
Disclaimer: Capital Advantage, Inc. is not affiliated, associated, authorized, endorsed by, or in any way officially connected with Kaiser Permanente® or TPMG (The Permanente Medical Group)
Disclaimer: The content is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice.
Ian is a Principal and Senior Financial Advisor at Capital Advantage, as well as a CERTIFIED FINANCIAL PLANNER™ (CFP®) and an Investment Advisor Representative. He is part of the investment committee, and is responsible for developing and maintaining client relationships, designing financial plans, and managing investment portfolios. Ian specializes in helping his clients navigate the financial transition to retirement. His work includes personalized strategies to reduce taxes, make smarter investment decisions, and optimize income streams. As an advisor, Ian believes his job is to bring peace of mind by providing financial clarity for his clients.
a resource guide providing seven essential questions to ask when planning for retirement." width="450" height="557" />
Whether you are still in the planning stage–or already retired–here are seven important questions to ask yourself to help increase your odds of a successful retirement.
If you are ready to talk, we are here to listen. Connect with one of our advisors and start that important financial conversation. Request Consultation (925) 299-1500 info@capitaladvantage.com
