How to make changes to your Fidelity 401(k) portfolio – Capitalize (2024)

Make sure your Fidelity 401(k) is working for you

Making changes to your Fidelity 401(k) portfolio can help you make sure that your investments are in line with your unique financial situation and goals. As a general principle, financial planning experts suggest investors should be:

• more aggressive when you have a long time horizon until retirement, because you’ll be able to ride out market fluctuations to increase your potential for higher returns
• increasingly conservative as you approach retirement, to protect your returns

Before making changes, make sure you’ve considered all of the investment options in your 401(k) plan (your employer usually chooses around 20 options).

We want to make it easy for you to make changes to your Fidelity 401(k) portfolio – check out the guide below to get step-by-step instructions.

Step-by-step guide to make changes to your Fidelity 401(k) portfolio

1. 1. Log in to Fidelity, and select the account you’re looking for.
   2. Click on “Investments” on the main menu.
   3. Click on “Change Investments” on the secondary menu.
   4. You’ll need to change the current investments in your portfolio, as well as change your investment elections for any future contributions to this account.
   5. Start by changing the investment elections for any future contributions to this account by clicking on “Change Investment Elections”.
   6. Click on “Select Funds”.
   7. In the dropdown menu, choose which source you’re changing investment elections for. If there is more than one item in the dropdown menu, you’ll need to do the following steps for each item.
   8. Input the desired % allocation to each of the funds.
   9. After inputting the desired % allocations, continue on to save your changes.
   10. Next, you’ll also have to change the current investments in your portfolio.
   11. Navigate back to the “Change Investments” screen. Click on “Exchange Multiple Investments”.
   12. Click on “Start Your Rebalance”.
   13. Input the desired % allocation to each of the funds. Then continue on.
   14. On the “Select Your Rebalance Option” page, choose “Rebalance my account now, one time”. Click on “Next”.
       1. Note: you can also choose “Rebalance my account now, and sign me up for Automatic Rebalance, to reset my desired allocations”, however your account may have fees associated with this option.
   15. Review your changes, and click on “Submit”. You’re all done!

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