Bogleheads.org

Posted: **Tue Jan 24, 2023 9:10 pm**

It is common for brokerages (like Fidelity) to require a 12-month period in which assets transferred in for a promo bonus must remain in " on the net" through a 12-month window. My question is: is this determined on an ongoing basis, or at the end of the 12-month period? Specifically for Fidelity.

For example, if on month #6 I need to withdraw some of the inital amount transferred, but I "replace" this amount before the 12-month window ends, is this OK for keeping the bonus or would it cause the bonus to be revoked?

Posted: **Tue Jan 24, 2023 9:14 pm**

Kookaburra wrote: ↑Tue Jan 24, 2023 9:10 pm It is common for brokerages (like Fidelity) to require a 12-month period in which assets transferred in for a promo bonus must remain in " on the net" through a 12-month window. My question is: is this determined on an ongoing basis, or at the end of the 12-month period? Specifically for Fidelity.

For example, if on month #6 I need to withdraw some of the inital amount transferred, but I "replace" this amount before the 12-month window ends, is this OK for keeping the bonus or would it cause the bonus to be revoked?

It's against the terms so they CAN revoke your bonus, so don't do it. Realistically they would probably give you a chance to replace it, but why take an unnecessary risk?

Dividends can be removed without penalty (because they are first deposited, then withdrawn, so it's a net zero)

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Fidelity Transfer Bonus - Question about 12-month holding period

Fidelity Transfer Bonus - Question about 12-month holding period

Re: Fidelity Transfer Bonus - Question about 12-month holding period