Concealing Benefits: Fidelity Investments And Secrets To Success

If you want to hide employer benefits from Fidelity Investments, you can do so by following these steps: Go to the Accounts & Trade tab and select Portfolio > Summary. Here, you will be able to view all your accounts, including personal investing accounts, personal trust accounts, and workplace savings accounts. To hide a particular account, such as a Fidelity Workplace Account or an account with a zero balance, click on Name, Categorize, or Hide Accounts. This will allow you to assign a nickname to the account, choose a new default group, create custom group names, or hide the account from your Summary tab. It is important to note that certain accounts, such as Restricted Stock Award plans and Stock Appreciation Rights plans, cannot be hidden or given a nickname. Additionally, if you are required to provide your employer with account activity, you can authorize Fidelity to send this information automatically by completing the online consent steps.

Hiding accounts with a zero balance

For example, if you are using the Fidelity platform, you can hide an account with a zero balance by clicking on the "Name, Categorize, or Hide Accounts" option on the Summary tab of your Portfolio. This will allow you to hide Fidelity personal investing accounts with a $0 balance.

On the other hand, if you are using QuickBooks Online, the process may vary depending on the specific report and account type. In some cases, you may need to upgrade to a higher-level package to access the necessary customization options. For instance, the Balance Sheet Detail and Profit and Loss reports do not have an option to exclude zero balances and inactive accounts. However, the Statement of Cash Flows report can be customized to show only non-zero balances or active accounts. To do this, click on "Reports" on the left pane, select "Statement of Cash Flows," and then choose "Active" or "Non-zero" under the "Show non-zero or active only" section.

Additionally, if you are using QuickBooks Desktop, you can hide zero balance items in the detailed balance sheet report by first clicking on "Customize Report," then selecting the "Display" tab, and finally choosing the "Advanced" option. This will allow you to access advanced customization features, such as the ability to hide zero balance items.

It is important to note that the availability of certain features and reports may depend on your subscription level and the specific platform you are using.

Removing accounts from the Portfolio Summary screen

To remove accounts from the Portfolio Summary screen, you can choose to hide them. This can be done by clicking on "Name, Categorize, or Hide Accounts". You can hide Fidelity personal investing accounts with a $0 balance and hide workplace savings accounts.

To remove accounts from the Portfolio Summary screen, follow these steps:

• Select the "Accounts & Trade" tab.
• Choose "Portfolio" from the options.
• On the Summary page, select the "View Other Account" link.
• During the "View an Account" process, search for and select the account you wish to remove.
• To remove the selected account, choose "Delete" from the "Select Action" drop-down list.

Note that this will also remove the account from the Full View application. If you only want to remove the account from being viewed on the Portfolio Summary, use the "Name, Hide and Categorize" function.

Viewing employee benefits information

To view your employee benefits information, you must first access the Portfolio Summary screen. To do this, select the Accounts & Trade tab. From there, you can view the following:

• Personal Investing accounts
• Personal Trust accounts
• Fidelity NetBenefits accounts
• BrokerageFlex accounts
• Investment Advisor Related Accounts
• Stock Compensation Plans

To access your employee benefits information, click the "Go to NetBenefits" link. This will allow you to access your workplace savings account information and employee benefits information.

The Summary tab provides an overview of your Fidelity personal investing accounts, your workplace savings accounts, and, if chosen, the Fidelity accounts you've been authorized to view. The Summary tab also displays links to the Fidelity Charitable website, where you can view information about a giving account.

Adding non-Fidelity accounts

If you want to add non-Fidelity accounts, including bank accounts and investment accounts from non-Fidelity institutions, as well as Fidelity accounts you have been authorised to view, you can do so by going to Accounts & Trade > Portfolio > Summary.

If your accounts are accessible online, you can enable online access and your account balances will update automatically. If your accounts are not accessible online, create a custom account and manually enter account data to display on the screen. You will need the credentials (generally a username and password) you use to access the account online. All of your information is securely stored and encrypted using leading-edge technology to protect your data.

To add a non-Fidelity account to Portfolio > Summary, click the View Other Account link at the bottom of the Summary page to start the process. During the View an Account process, you can search for and add your accounts from the thousands of financial institutions that participate in this service. Enter the name of the institution to search, or browse through a list of the institutions available. If your institution is not listed, you can add a Custom Account to track your balances manually.

Within the View Other Accounts process, you can add any account as a Custom Account. Look for the link on the Search for the Account screen of the View Other Accounts process. If you can't remember the sign-in information for one of your accounts, check with the institution for information about online access to your account. If you have not already established online access to an account, you can link to the institution and create a login from the View Other Accounts process. First, select the institution where your account is held. On the Enter Account Data page, click the linked name of the institution. This link will open a new browser displaying the institution's main page, so you can set up online access to your account. After you have established online access to your account, return to the Fidelity browser window to complete the View Other Account process.

Hiding a Fidelity Workplace Account

To hide a Fidelity Workplace Account, you will need to access the Portfolio Summary screen. This screen displays all your accounts, including personal investing accounts, personal trust accounts, and workplace savings accounts.

• Select the "Accounts & Trade" tab: From the Fidelity website, navigate to the "Accounts & Trade" tab. This will be the starting point for managing your accounts.
• Access the Portfolio Summary screen: Once you are on the "Accounts & Trade" tab, you will need to find and select the option to access the Portfolio Summary screen. This screen will provide an overview of all your accounts.
• Locate the Fidelity Workplace Account: On the Portfolio Summary screen, look for the section that displays your workplace savings accounts. This is where your Fidelity Workplace Account will be listed, along with any other workplace-related accounts you may have.
• Click on "Name, Categorize, or Hide Accounts": Next to each account, you will see options to ""Name, Categorize, or Hide" it. Click on this option for the specific Fidelity Workplace Account you wish to hide.
• Hide the selected account: After clicking on the "Name, Categorize, or Hide Accounts" option, you will be presented with several choices. To hide your Fidelity Workplace Account, select the Hide option. This will remove the account from view on the Portfolio Summary screen.

It is important to note that hiding an account does not delete it or remove it from your profile. It simply hides it from view on the Portfolio Summary screen. You can still access hidden accounts and view their details if needed.

Additionally, keep in mind that if your employer requires access to your account activity, you may need to authorize Fidelity to send this information to them. In such cases, hiding your Fidelity Workplace Account may not be a viable option. Always review the requirements and guidelines provided by your employer regarding the visibility and accessibility of your workplace accounts.

Frequently asked questions