When investing a self-directed solo 401k using the Fidelity Investments Non-Prototype Brokerage Account that was opened for your self-directed solo 401k in a private equity/placement, the funding of the investment can be made by wire.

You will need to complete and submit to Fidelity Investments their wire form titled “One-Time Withdrawal-Investment-Only Retirement Account,” which gets submitted directly to Fidelity.  

Using Fidelity Investments Form to Process the Self-Directed Solo 401k Private Equity/Shares Investment

The solo 401k investment proceeds can be wired from the Fidelity Investments Non-Prototype brokerage account to the investment sponsor’s bank account. Make sure the funds are liquid in the solo 401k brokerage account.

CLICK HERE to download the Fidelity form. 

How to Complete Fidelity Investments Form

Under Section 1-Plan and Trust Information

Account Number: Enter your self-directed solo 401k Fidelity brokerage account number.

Name of Trustee: Enter your name.

Name of Employer Plan: Enter the name of your self-directed solo 401k plan.

Name of Plan Participant: Enter your name.

Daytime Phone: Enter your phone number.

Under Section 2-Distribution Instructions

Select “only the following amount of cash in your account” and enter the amount requested by the investment sponsor/the amount being invested.  

Under Section 3-Distribution Method

Choose 3d “Bank wire to a bank or credit union account (cash only)…” and enter the private investment sponsor’s bank information.

Under Section 4-Signature and Date

Print Trustee Name: Enter your name.

Trustee Signature: Sign your legal name.

Date: Enter today’s date.

Submitting the Completed Form to Fidelity Investments for Processing

• If form is completed at a Fidelity Investor Center, the Medallion signature guarantee is not required.
• If the form is Mailed to Fidelity, a “Signature Guarantee Medallion Stamp” is required. The stamp can be obtained from your local bank.