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Fidelity 401k options (lemmy.world)

submitted 3 months ago by [email protected] to c/[email protected]

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My employer recently switched to Fidelity and for now I've chosen the LIFEPATH IDX 2050 A option. It looks like this one provides quarterly dividends, but the yield is 0.0%(?)

I'm looking for some fairly risk adverse options or blends that provide dividends that will be reinvested. Anyone have any recommendations?

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[–] [email protected] 0 points 3 months ago* (last edited 3 months ago)

Ah that makes sense, thank you. For now I'm doing backdoor Roth IRA contributions as I can't do direct contributions. Eventually I hope to be able to also use the mega backdoor after I fill up the pre-tax federal contribution limits for 401k. That will be "after-tax" that is converted to Roth.