Withdraw Money From Your Fidelity Accounts

Here's your guide to our most popular topics on withdrawing and transferring money from your accounts.

I want to... How can I do this? What else should I know?
Send or transfer money from Fidelity*

Select the transfer method that works best for you:

EFTs are credited to your bank within 1–2 business days

You'll receive your check within 3–5 business days

Bank wires are typically credited to your bank:

  • On the same business day for wires from a core account
  • On the next business day for wires from mutual funds
Take money out of an IRA (Traditional, Rollover, or Roth) or take a minimum required distribution (MRD)

Select your age group to get started:

There are different rules, taxes, and penalties that may apply to your withdrawal based on your age, the reason for the withdrawal, and the type of IRA (Traditional, Rollover, or Roth).

Note: If you have an Inherited IRA, please see the MRD Rules for Inherited IRAs before taking your withdrawal.

Have money withdrawn automatically on a preset date

Go to the Automatic WithdrawalsLog In Required page to set up and schedule automatic withdrawals from your eligible accounts.

You can select the schedule and amount that fits your needs

If the withdrawal date falls on a holiday or weekend, then your withdrawal is initiated on the business day before your selected date

Take money out of a 529 college savings plan

See How to Take Distributions From Your 529 College Savings Plan for complete instructions on how to pay tuition and other school bills.

Use Fidelity BillPay® for 529 accounts to make education payments as needed, or set up recurring payments.

Take money out of a 401(k) plan

If your plan is here at Fidelity, you can log in to NetBenefitsLog In Required to review your balances and contributions—enter the same username and password you use for your other Fidelity accounts.

Rules about loans and withdrawals vary from plan to plan

Please call your employer or plan administrator to review your plan's guidelines for loans or withdrawals

Pay bills

See How to Set Up and Use BillPay on Your Account to learn how to pay bills using cash from your eligible Fidelity accounts.

You can add payees and make payments right away

Request reminder emails when payments are due or sent

Pay bills on your mobile device with Fidelity Mobile® Apps

Frequently asked questions

* This does not include withdrawals or distributions from 529 college savings plans.