Key takeaways: Solo 401(k) limits for 2026

• The overall Solo 401(k) contribution limit for 2026 is $72,000, combining employee, employer, and voluntary after-tax contributions, and it cannot exceed self-employment compensation.
• The 2026 Solo 401(k) employee deferral limit is $24,500, capped at 100% of self-employment compensation.
• Participants age 50 to 59, or 64 and older, at the end of 2026 may add an $8,000 catch-up contribution, raising the potential total to $80,000.
• SECURE 2.0 created an $11,250 super catch-up for ages 60 to 63 in 2026, replacing the $8,000 catch-up and raising the potential total to $83,250.
• A spouse who works in the business and has earned self-employment income can join the Solo 401(k), and two spouses could contribute $144,000 or more in 2026.
• A Mega Backdoor Roth requires a plan document that allows voluntary after-tax contributions, and that standard discount-brokerage Solo 401(k) plans do not allow them.
• Per IRS Publication 560 as cited in the webinar, the contribution deadline is the business tax return deadline, including timely filed extensions.

How much can I contribute to a Solo 401(k) in 2026 if I’m over 50?

A Solo 401(k) participant age 50 or older at the end of 2026 can add a catch-up contribution on top of the standard limits. The standard catch-up for 2026 is $8,000.

The Solo 401(k) catch-up rules for ages 50 to 59 also apply to anyone age 64 or older at the end of 2026. The $24,500 base deferral stays in place, and employer and voluntary after-tax contributions can still be added.

What is the Solo 401(k) super catch-up for ages 60 to 63?

SECURE 2.0 created a super catch-up contribution for Solo 401(k) participants age 60 to 63 as of the end of 2026. The super catch-up is $11,250 instead of the $8,000 standard catch-up.

A Solo 401(k) participant in that age band can defer up to $35,750 as an employee. Adding employer or voluntary after-tax contributions brings potential 2026 contributions to $83,250, subject to income.

The Solo 401(k) 2026 potential total is $72,000 under age 50, $80,000 at ages 50 to 59 and 64 and older, and $83,250 at ages 60 to 63, each subject to sufficient self-employment income.

Live webinar: Never Too Late: Using a Solo 401(k) to Supercharge Your Retirement Savings at Any Age, hosted by My Solo 401k Financial.

Is it too late to open a Solo 401(k) for 2026?

A Solo 401(k) can still be established for 2026.

My Solo 401k Financial establishes a Solo 401(k) within the same business day. This preserves the ability to make 2026 contributions by the 2026 business tax return deadline, including extensions into 2027.

Who qualifies for a Solo 401(k)?

A Solo 401(k) is available to self-employed individuals with no full-time non-owner, non-spouse W-2 employees. A business owned by the individual or a spouse must have no such employees.

The Solo 401(k) has the highest contribution limits of any defined contribution plan available to self-employed individuals. The owner can contribute as both employee and employer, which fills multiple contribution buckets.

What are the Solo 401(k) contribution buckets?

A Solo 401(k) offers up to five buckets in 2026m. All contributions combined cannot exceed the lesser of self-employment compensation or the $72,000 overall limit, before catch-up.

Can a spouse contribute to the same Solo 401(k)?

A spouse who works in the business can be added to the same Solo 401(k) and still keep it a Solo 401(k). The spouse receives a separate set of contribution buckets.

The spouse does not need to own the business. The spouse must work in the business and have earned self-employment income. Each spouse’s limit depends on age, self-employment income, and contributions to any other plan.

What is a Mega Backdoor Roth in a Solo 401(k)?

A Mega Backdoor Roth saves more into a Roth account than standard Roth IRA or Roth 401(k) limits allow. A Solo 401(k) participant uses a two-step process.

Step one is a voluntary after-tax contribution, which the plan document must allow. Step two converts the after-tax funds to a Roth Solo 401(k) or a Roth IRA. Read the Mega Backdoor Roth Solo 401(k) guide for the full process.

The voluntary after-tax limit is 100% of self-employment compensation, dollar for dollar, up to the $72,000 overall limit. Other employee and employer contributions count toward that same overall limit.

Standard discount-brokerage Solo 401(k) plans do not allow Mega Backdoor Roth contributions. A participant needs a plan document that permits voluntary after-tax contributions.

How do traditional and Roth contributions compare in a Solo 401(k)?

A Solo 401(k) from My Solo 401k Financial allows traditional pre-tax, Roth, and Mega Backdoor Roth contributions. Traditional contributions reduce taxable income for the contribution year.

Roth contributions do not reduce taxable income for the contribution year, but they offer potential tax-free growth. Some commentators say traditional contributions suit a high bracket today, while Roth suits expected rate increases.

An in-plan Roth conversion moves pre-tax dollars already in the Solo 401(k) to Roth status. Tax is owed for the year of conversion, and later growth has the potential to be tax-free.

Can I roll an old 401(k) or IRA into a Solo 401(k)?

A Solo 401(k) can receive rollovers from a former employer plan or an IRA. Many participants age 50 and older consolidate old accounts into one Solo 401(k) for administrative ease.

A self-directed Solo 401(k) plan from My Solo 401k Financial allows stocks, bonds, mutual funds, real estate, private equity, precious metals, and cryptocurrency. Prohibited transaction rules still apply. A Solo 401(k) can invest in real estate but cannot rent it to the owner’s child.

Solo 401(k) FAQ: 2026 limits, catch-up, spouses, and Mega Backdoor Roth

What is the total Solo 401(k) contribution limit for 2026?

The total Solo 401(k) contribution limit for 2026 is $72,000, according to the webinar. The total combines employee, employer, and voluntary after-tax contributions and cannot exceed self-employment compensation. Participants age 50 or older can add an $8,000 catch-up, and those age 60 to 63 can add an $11,250 super catch-up instead, reaching $80,000 or $83,250 with enough income.

What is the Solo 401(k) super catch-up limit for ages 60 to 63?

The Solo 401(k) super catch-up limit for 2026 is $11,250 for participants age 60 to 63 as of the end of 2026. SECURE 2.0 created the super catch-up. The super catch-up replaces the standard $8,000 catch-up, so total employee deferrals can reach $35,750 and total potential contributions can reach $83,250 with enough self-employment income.

Can my spouse contribute to my Solo 401(k)?

A spouse can contribute to the same Solo 401(k) if the spouse works in the business and has earned self-employment income. The spouse does not need to own the business. Each spouse receives a separate set of contribution buckets. Two eligible spouses could contribute $144,000 or more in 2026, depending on age, income, and other plan contributions.

Can I still open a Solo 401(k) for 2026 in December?

A Solo 401(k) can be established for 2026 by December 31, 2026. My Solo 401k Financial establishes plans within the same business day. 2026 contributions can be made by the 2026 business tax return deadline, including extensions into 2027, and deadlines vary by business tax classification.

Can a Solo 401(k) after-tax contribution made in 2026 count for 2025?

Yes. IRS Publication 560 sets the contribution deadline at the business tax return deadline, including timely filed extensions. For example, a sole proprietorship can make 2025 contributions by April 15, or October 15 with an extension. A calendar-year S corporation can make them by March 15, or September 15 with an extension.

Does a Solo 401(k) allow Mega Backdoor Roth contributions?

A Solo 401(k) allows Mega Backdoor Roth contributions only if the plan document permits voluntary after-tax contributions. The process has two steps: make the after-tax contribution, then convert it to a Roth Solo 401(k) or Roth IRA. Standard discount-brokerage Solo 401(k) plans do not allow these contributions.

How is a Mega Backdoor Roth transfer reported on Form 1099-R?

A transfer to the Roth account is reported on Form 1099-R for the year of transfer, not the year of contribution. A 2025 contribution transferred in 2026 appears on the 2026 Form 1099-R. My Solo 401k Financial prepares the form at no additional charge as long as the client submits the website form in a timely manner.

Watch the full live webinar: 10 Solo 401k Loan Myths Busted — hosted by My Solo 401k Financial

Live webinar hosted by My Solo 401k Financial. Watch the full session above or read the structured summary below.

Key Takeaways

• A Solo 401(k) is an owner-only plan — a 401(k) sponsored by a self-employed business that has no non-owner, non-spouse employees who meet the eligibility criteria (age 21+, 1,000 hours/year, one year of service).
• Hiring even one full-time W-2 employee who works 1,000+ hours per year with a year of service disqualifies the business from maintaining a Solo 401(k); the plan must be converted or terminated before that employee reaches eligibility.
• Under SECURE 2.0’s long-term part-time employee rules, part-time workers who log 500 or more hours per year for two consecutive years also become eligible, threatening owner-only status.
• A child employed by the business does not automatically end the Solo 401(k) — the child’s hours, age, and ownership percentage all determine whether they are treated as an eligible non-owner employee or as a co-owner exempt from the rules.
• Reorganizing the business entity (for example, converting from a sole proprietorship to an S corp) generally requires only a plan document update — not termination — as long as the business remains owner-only.
• When a Solo 401(k) is terminated, a final Form 5500-EZ is required regardless of plan asset value, and any outstanding 401(k) loan balance becomes a taxable distribution if not repaid first.
• Owning a second business that employs non-owner, non-spouse workers can end the Solo 401(k) under the IRS control group and affiliated service group rules, even if the plan’s sponsoring business has no employees of its own.

The Owner-Only Rule: The Foundation of Every Solo 401(k)

A Solo 401(k) survives or falls based on a single question: is the sponsoring business still an owner-only business? An owner-only business is one whose only workers are owners and their spouses — or W-2 employees who do not yet meet the plan eligibility criteria. The moment that definition breaks, the Solo 401(k) faces a decision.

A common myth is that most changes automatically force plan termination. They do not. Four paths are available — amend, terminate, freeze, or do nothing — and which path applies depends on the specific facts of the business change.

The 7 Triggers: A Change-by-Change Analysis

Trigger 1: Hiring a Full-Time W-2 Employee

Hiring a full-time W-2 employee is the most common Solo 401(k) end trigger. A full-time employee, for Solo 401(k) eligibility purposes, is someone who is age 21 or older, has completed one year of service, and has worked 1,000 or more hours during that year. Once such an employee exists, the business is no longer owner-only and the Solo 401(k) cannot be maintained.

When this happens, two paths are available. First, convert the Solo 401(k) into a traditional employer 401(k) plan that can cover non-owner, non-spouse employees. Second, terminate the Solo 401(k) before any employee reaches eligibility, rolling the assets to an IRA or taking a taxable distribution. Either path carries a cost: conversion means losing the Solo 401(k)’s advanced features — alternative investments, Mega Backdoor Roth, and plan loans — because a standard employer plan does not support them.

Trigger 2: Hiring Part-Time Employees Who Cross the 500-Hour Threshold

Part-time employees who work fewer than 1,000 hours per year do not immediately threaten the Solo 401(k) — but they can, over time. Under the long-term part-time employee rules enacted by SECURE 2.0, a part-time worker who logs 500 or more hours per year for two consecutive years becomes eligible to participate in the employer’s 401(k) plan. When that eligibility threshold is crossed, the Solo 401(k) faces the same convert-or-terminate decision described above.

The practical lesson: solopreneurs who employ part-time workers should track hours annually from day one — not wait until eligibility is imminent. Being blindsided by the two-year lookback is avoidable with advance planning.

Trigger 3: Hiring a Child (Who May or May Not Be a Problem)

Hiring a child does not automatically break the Solo 401(k) rules. A child employee preserves the owner-only status as long as at least one of the following is true:

• The child is under age 21 (below the 401(k) eligibility age).
• The child works fewer than 1,000 hours per year (or fewer than 500 hours per year for two consecutive years under the part-time rules).
• The child is age 21 or older but holds a 3% or greater ownership stake in the company — making them a co-owner who falls under the co-owner exception.

An adult child who works full-time as a W-2 employee without an ownership interest, however, is treated as any other non-owner employee and does threaten owner-only status.

Trigger 4: Changing the Business Entity (Usually Just a Document Update)

Reorganizing the business — for example, converting from a sole proprietorship to an S corporation — does not require terminating the Solo 401(k), provided the business remains owner-only. The plan documents must be updated to reflect the new sponsoring entity (the S corp becomes the plan sponsor), but the plan itself continues. Balances are unaffected, investments are unaffected, and no distribution or rollover is triggered.

Trigger 5: Retiring or Stopping Self-Employment

A Solo 401(k) is a business-sponsored plan. If the self-employed business permanently closes — whether through retirement, dissolution of the entity, or a return to traditional employment — the 401(k) plan must likewise be wound down. The assets must be transferred to an IRA or taken as a taxable distribution, and a final Form 5500-EZ must be filed. This final 5500-EZ is required even if the plan value has always been below $250,000 and no 5500-EZ has ever been filed during the plan’s life.

A nuanced middle path exists: if the solopreneur stops active self-employment but has not permanently closed the business (for example, they return to corporate work but remain open to occasional consulting), they may be able to freeze the plan rather than terminate it. Freezing preserves the plan and its investments in place without requiring a distribution. New contributions cannot be made without self-employment income to justify them, but the existing assets — including alternative investments like real estate or private equity — remain inside the plan.

Trigger 6: A Spouse Exiting the Business or Divorce

When spouses co-own and co-participate in a Solo 401(k), a spouse’s departure — through divorce or otherwise — does not necessarily end the plan. If the remaining spouse continues to operate the owner-only business, the Solo 401(k) can continue under that spouse’s name. The departing spouse’s balance is transferred out (to their own IRA or taken as a taxable distribution), which requires a 1099-R to report the transfer but does not require a final Form 5500-EZ, since the plan itself is not being shut down.

In the case of divorce specifically, a Qualified Domestic Relations Order (QDRO) is the court order that governs how the Solo 401(k) assets are divided between the spouses. The QDRO specifies the allocation, and only after its terms are satisfied can the departing spouse’s portion be moved out of the plan.

Trigger 7: Owning a Second Business With Employees (Control Group Rules)

The IRS does not evaluate each business a solopreneur owns in isolation. Under the control group rules and affiliated service group rules, a group of businesses owned by the same person — or by related persons, such as a husband and wife — is treated as a single employer for retirement plan purposes. If any business in that group employs a non-owner, non-spouse worker who meets the eligibility criteria, no company in the group can maintain a Solo 401(k), because those employees are counted across all entities.

The affiliated service group rules cast an even wider net, looking at functional and service relationships between businesses — not just common ownership. A solopreneur who adds a second business, a side venture, or even a consulting entity should confirm whether the new business creates a controlled or affiliated group before assuming the Solo 401(k) is safe.

The one clear exception: if the solopreneur simply expands their self-employment activity under a new entity — with no employees in any related business — there is generally no problem. The solopreneur can even aggregate income from all their owner-only businesses to justify Solo 401(k) contributions, with no change to the plan documents required.

7 Triggers at a Glance: What Each Change Means for Your Solo 401(k)

Note: “Convert” means upgrading to a standard employer 401(k) plan that can cover non-owner, non-spouse employees. Advanced features (alternative investments, Mega Backdoor Roth, plan loans) are generally lost upon conversion or if assets roll to a standard IRA.

3 Common Myths About Solo 401(k) Plan Changes

Myth 1: “My staff can sign a waiver to opt out — that keeps the Solo 401(k) intact.”

False. A Solo 401(k) is only for businesses without non-owner, non-spouse employees who meet the eligibility criteria. Whether those employees want to participate in the plan is irrelevant. Even if every eligible employee signs a waiver declining plan participation, the business has still lost its owner-only status. The plan must be converted or terminated.

Myth 2: “Changing plan providers forces termination.”

False. Switching Solo 401(k) plan document providers — for example, to access advanced features like the Mega Backdoor Roth, alternative investments, or 401(k) loans — does not constitute a plan termination. The plan continues; the document restates it under the new provider. Assets, balances, and investment positions are unaffected.

Myth 3: “I’ll have to sell my real estate or alternative investments to close the plan.”

False. If a Solo 401(k) must be terminated and the plan holds alternative investments — real estate, promissory notes, private equity — those investments do not have to be liquidated. They can be transferred in kind to a self-directed IRA that is set up to hold those same asset types. The transfer is reported on a 1099-R but is non-taxable as a direct rollover. Only a 401(k) loan balance at the time of termination becomes immediately taxable if not first repaid.

What Solo 401(k) Termination Actually Involves

When a Solo 401(k) must be formally terminated, four steps are required:

1. Repay or default any outstanding plan loan. If a loan balance remains at termination, it is treated as a taxable distribution.
2. Transfer or distribute all plan assets. Assets may be transferred to an IRA (non-taxable direct rollover) or taken as a taxable distribution. Alternative investments that cannot be liquidated are transferred in kind to a self-directed IRA.
3. File a final Form 5500-EZ. This filing is required regardless of whether a 5500-EZ has ever been filed before, and regardless of plan value. There is no minimum-balance exception on termination.
4. Issue a 1099-R. The distribution or rollover is reported on a 1099-R. A direct rollover to an IRA is non-taxable but still reportable.

Frequently Asked Questions

Live webinar: Free Isn’t Free — 5 TRAPS in Fidelity Solo 401(k) That Cost Solopreneurs THOUSANDS | My Solo 401k Financial

Key Takeaways

• The Fidelity Solo 401(k) free plan does not automatically enable designated Roth employee contributions — the solopreneur must separately execute and retain a Designated Roth Addendum, and if it is missing or misfiled, no Roth provisions legally exist in the plan.
• Starting with 2026 contributions, catch-up contributions for participants age 50 or older who earn more than $150,000 in W-2 wages from their self-employed business must be made on a Roth basis — a requirement that is impossible to meet if the Roth addendum was never executed.
• Fidelity’s basic Solo 401(k) plan documents do not support in-plan Roth conversions or the Mega Backdoor Roth, even though the in-plan Roth option appears on the Designated Roth Addendum form.
• Entering the date of sign-up rather than January 1 of the current tax year as the plan effective date unknowingly restricts the compensation window, reducing the maximum allowable Solo 401(k) contribution for the first year.
• Employer contribution percentages are hard-coded as pro-rata in Fidelity’s plan documents, forcing the primary solopreneur and spouse to use the identical employer contribution percentage — a significant limitation for couples with different savings goals.
• Errors in Fidelity’s self-completed adoption agreement — including an incorrect plan number, wrong effective date, or undisclosed prior plans — cause the plan to lose reliance on Fidelity’s IRS opinion letter, reclassifying it as an individually designed plan.
• The Fidelity free plan does not include the SECURE Act automatic enrollment tax credit feature, meaning solopreneurs cannot claim the $1,500 credit ($500/year × 3 years) available to plans with an eligible automatic contribution arrangement (EACA).

Why Solopreneurs Choose the Fidelity Solo 401(k) — And What They Miss

The Fidelity Solo 401(k) free plan attracts self-employed business owners for understandable reasons: zero setup cost, zero custody fees, and the Fidelity brand name. But there is a cost comparison most solopreneurs don’t make.

Importantly, using My Solo 401k Financial plan documents does not mean giving up Fidelity as a custodian. The majority of My Solo 401k Financial’s customers who open brokerage accounts choose Fidelity — they simply bring their own plan documents. The accounts stay at Fidelity; the legal framework that governs what those accounts can do is far more capable.

The Root Cause: Fidelity’s Free Plan Is Self-Service

A Solo 401(k) is a legal entity — a trust. Like any trust, the documents that create it dictate what it can do. When a solopreneur sets up the Fidelity Solo 401(k) free plan, they receive a set of documents — including an adoption agreement, basic plan document, trust agreement, and optional addenda — and are responsible for completing them correctly.

Fidelity does not pre-fill the paperwork. Fidelity does not proactively enable optional features. And Fidelity does not catch errors before they create compliance exposure. Every trap described below flows from that single structural reality.

The 5 Traps in Fidelity’s Free Solo 401(k) Plan

Trap 1 — Roth Not Auto-Enabled, and In-Plan Roth Conversions Not Supported

The Fidelity Solo 401(k) free plan does not automatically activate the Designated Roth employee contribution feature. To make Roth employee deferrals, the solopreneur must separately execute a Designated Roth Addendum. That addendum is not automatically returned to Fidelity — it must be retained in the solopreneur’s own business records. If it is missing or misfiled, no Roth provisions legally exist in the plan.

The Designated Roth Addendum also lists in-plan Roth conversions as an optional feature. But Fidelity’s instructions state clearly that it does not support this feature. The only path to Roth dollars in the Fidelity free plan is through designated Roth employee contributions — no in-plan conversions, and no Mega Backdoor Roth.

Trap 2 — Eligibility Provision Errors

The Fidelity Solo 401(k) free plan’s adoption agreement requires the solopreneur to complete eligibility provisions. These provisions define who is eligible to participate. Getting them wrong in either direction creates a problem.

Setting requirements too high: A solopreneur who elects the standard age and service requirements (age 21, 1,000 hours per year) without checking the box indicating those requirements do not apply to themselves or their spouse will have to wait until they have satisfied those requirements before making contributions. Contributions made before eligibility is met are ineligible contributions.

Setting requirements too low: A solopreneur who universally waives service requirements so that they and their spouse can participate immediately may inadvertently make part-time or seasonal W-2 employees eligible to participate in the plan as well — at which point the plan is no longer a Solo 401(k).

Trap 3 — Wrong Effective Date Shrinks the Contribution Window

The Fidelity Solo 401(k) free plan adoption agreement requires an effective date for the plan. Many solopreneurs simply enter the date they sign up — say, October of the current year. That choice unknowingly restricts the compensation window for the entire first year.

Trap 4 — Hard-Coded Pro-Rata Employer Contributions

Fidelity’s basic Solo 401(k) plan documents hard-code employer contributions as pro-rata. Every employer contribution percentage applied to the primary solopreneur must be applied at the identical percentage to the spouse’s W-2 wages. The solopreneur cannot change this in Fidelity’s documents.

My Solo 401k Financial’s plan documents allow different employer contribution percentages for each participant. One spouse can elect the maximum 25%; the other can elect zero.

Trap 5 — Document Errors Void IRS Opinion Letter Protection

The Fidelity Solo 401(k) free plan comes with an IRS opinion letter — confirmation that Fidelity’s prototype plan documents satisfy Internal Revenue Code qualification requirements. That opinion letter is valuable because it can be cited on Form 5500-EZ, which is required when plan assets exceed $250,000.

But Fidelity’s own plan documents state that if the solopreneur makes errors in the self-completed adoption agreement — including an incorrect effective date, a wrong plan number, or failure to disclose prior plans — the plan cannot rely on Fidelity’s opinion letter. The plan is then treated as an individually designed plan.

Fidelity Free Plan vs. My Solo 401k Financial Plan: Feature Comparison

Why Fidelity Made These Omissions — And What It Costs Solopreneurs

The Fidelity Solo 401(k) free plan’s missing features are not oversights — they are business decisions. Fidelity designed a streamlined prototype plan that handles standard brokerage investments. Features like the Mega Backdoor Roth, participant loans, and in-plan Roth conversions require more complex plan language and ongoing administrative support that Fidelity has chosen not to offer in the free plan.

The cumulative impact over a solopreneur’s working lifetime can be substantial. Missing the $1,500 SECURE Act credit is a direct, immediate tax cost. Missing the Mega Backdoor Roth forecloses potentially hundreds of thousands of dollars in tax-free retirement growth. Missing participant loans eliminates a liquidity option. Missing 5500-EZ support creates a compliance burden the moment the plan exceeds $250,000.

Solopreneurs who already use My Solo 401k Financial’s plan documents with their Fidelity accounts can invest in the full range of Solo 401(k) features while keeping their Fidelity brokerage relationship intact.

Key Terms

Fidelity Solo 401(k) free plan

Fidelity’s basic prototype Solo 401(k) plan available at no setup cost directly through Fidelity, using Fidelity’s own plan documents that the solopreneur must self-complete.

IRS opinion letter

A letter from the IRS confirming that a prototype retirement plan document satisfies Internal Revenue Code qualification requirements. The opinion letter number must be reported on Form 5500-EZ. If the plan cannot rely on its opinion letter, it is reclassified as an individually designed plan.

Designated Roth Addendum

A supplemental plan document that formally enables designated Roth employee contributions within a 401(k). Under Fidelity’s free plan process, the solopreneur must separately execute and retain this addendum in their own business records.

Mega Backdoor Roth

A strategy allowing Solo 401(k) participants to make voluntary after-tax (non-Roth) contributions up to the annual additions limit, then convert those dollars to Roth, enabling tax-free growth well beyond normal Roth contribution limits. Not supported by Fidelity’s basic Solo 401(k) plan.

Form 5500-EZ

An IRS annual report required for one-participant retirement plans when fair market value of plan assets exceeds $250,000 at the end of the plan year. Fidelity’s basic Solo 401(k) does not include 5500-EZ preparation support.

SECURE Act automatic enrollment tax credit

A tax credit of up to $1,500 — $500 per year for three consecutive years — available to plan sponsors whose plan includes an eligible automatic contribution arrangement (EACA). Fidelity’s basic Solo 401(k) does not include the EACA feature, so this credit is not available to Fidelity free plan users.

Frequently Asked Questions