Author Topic: Fidelity non prototype account  (Read 242 times)

kayteemacbee

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Fidelity non prototype account
« on: July 21, 2019, 12:21:39 PM »
Hi all!
I'm hoping someone can shed a little light on what a non prototype account is. To give a little background, my employer has a profit sharing plan and contributes occasionally to this account for me.

I am not allowed to contribute myself, and only recently got them to fill out some forms so I'm able to trade with it. I can't borrow against it, or really touch it in any way except to put in trade orders.

I'm really green on retirement and investing, as I've been focusing all my energy on paying off debt (I'm on my final credit card of 5! Woo!!). Can anyone offer advice on this? Should I create my own 401k on the side so I can contribute? Is this thing a pension plan?

Thanks!
KT