How cash awards work
Follow the journey of a typical award.
Accept your award
(if you're required to).
Wait for the award to vest.
Your award pays out after taxes are withheld.
The payout is now yours.
Receiving a cash award from your company is a big deal—congratulations! A cash award is a form of compensation that will pay out in cash after a specified vesting (or waiting) period.
Accepting your award and opening your account
To accept your award, go to Fidelity NetBenefits. If you're registering for the first time, you'll be asked to create a username and password and certify your account if you need to.
Receiving your payout
Your award pays out after the vesting date—provided the vesting requirements have been met. This is when you'll own the cash. Go to NetBenefits to find out when that happens.
Managing your payout
Your award pays out to your account. To access cash easily once it's available, be sure to link your bank account on NetBenefits.
Understanding your taxes
Your award is considered taxable when it pays out, and your company may withhold a portion of the payout to cover the taxes due. Use Fidelity's tax-planning resources to learn more about taxes.
Make the most of your account
Your cash award pays out to payroll or to your account.
With this account, you can manage your stock plans and transfer cash to your bank account.
Your Stock Plan Resource Center
The Stock Plan Resource Center provides the help and education you need to understand how your equity compensation works, including taxes, and selling and managing shares.