Automatic Withdrawals

Create a schedule of automatic withdrawals from your mutual fund or brokerage accounts. This is most useful for establishing an income stream or satisfying Minimum Required Distribution (MRD) rules. Fidelity does not charge a fee for this service.¹

• Transfer money directly to another Fidelity account
• Deposit money electronically to your bank account via Electronic Funds Transfer
• Have a check sent to you

If you open a Fidelity Account and fund it with periodic withdrawals from your IRA, Keogh, or Self–Employed 401(k), we’ll waive the minimum initial deposit of $2,500.

How to Use

Direct Debits

If you wish to authorize billers to debit your eligible accounts² directly, you will need to provide:

• Fidelity ABA’s or routing number (101205681)
• Your 17 digit Fidelity account number format

If you have Checkwriting, use your Fidelity Checkwriting checks to find your account number format:

If you do not have checks, determine your account number format as follows:

Note:

• As an alternative to direct debits, you can use Fidelity BillPay^® with eBills to schedule regular or one time payments to your biller (Learn More).
• Fidelity accounts are considered a checking account for direct debit purposes.