I was under the impression that $25 is only charged when you get a check. Has anyone else seen this?Delivery and Fees
Delivery Method Timings are estimates, not guarantees, and start when Fidelity receives all your required materials.
Rollover Amount Electronic Sent electronically to your account. Allow 3 business days.
Estimated Fees Deducted from your account.
Transaction $25.00
Fidelity in-service rollover out of an employer plan
Fidelity in-service rollover out of an employer plan
Filled out the online request and the personalized form it generates says:
Re: Fidelity in-service rollover out of an employer plan
A transaction fee would be required by the plan provisions and Fidelity is just the administrator required to execute plan transactions. Therefore, to be of any value to you a respondent would have to be a participant in the same plan.