ACH
Accendra Health, Inc.
stock NYSE

Use ACH transfer to bypass the fee: https://www.reddit.com/r/phinvest/s/LlULMFigrL

I have read so many versions of how to do this, and most of my confusion has to do with me not understanding all the acronyms, and how Money Transfer Lock actually controls anything. I don’t know EFT from ACH from ACATS… whatever.
On phone with Fidelity this morning gave me this:
1. MTL is on for all accounts.
2. Brokerage MTL – turn off.
3. Move $ from brokerage to CMA.
4. Brokerage MTL – turn on. All accounts locked.
5. Go to IRS Direct Pay, initiate Direct Pay from CMA .
6. Done. No waiting for anything to clear.
Reason given to me was that it is a push to IRS, not a pull from IRS. And that a push can be done at any time with MTL on.
Does anybody disagree with this?

What is a Fidelity money mortgage account?
I assume you mean a taxable brokerage account or CMA, and you just have cash sitting in a MMF?
Then enable cash features in the account. You back order a checkbook. And/or can use Bill Pay. And/or you can have the IRS pull from your account directly with the ACH routing and account numbers (the account number is not the same as your Fidelity account number).
These are all free options. And if your cash is in the default SPAXX MMF, or most other Fidelity MMFs, the cash operations will automatically liquidate the position as needed.

Do a ACH push from your bank account.
The last time I pulled with fidelity they held the money for almost 3 weeks.

I'm not sure what you mean by "pay … directly". (What would an indirect payment involving Fidelity look like?) I've had no issues with ACH debits processing through my CMA for taxing-authority-initiated ACH debits from my authorizing them directly to/with the taxing authorities relevant to my taxes. This is entirely different than you initiating payments to taxing authorities using the CMA bill payment service (which, arguably could be considered your "pay\[ing\] … from Fidelity" (post title) or "pay\[ing\] … directly" (comment body).
For explicitness/clarity: One should not use a bill-pay service (whether CMA or another FI's) to remit taxes because (i) too much depends on the third-party bill payer (CMA is contracted out to a Fiserv entity) reflecting identifying information for your payment and you shouldn't put your SSN into those systems in the first place, and (ii) you can't control the timing to ensure that you satisfy a payment due date.

I find Schwab meets all my needs for banking. I don't even need an account with Schwab Bank. My Schwab One brokerage account does what I need. It has online bill pay, ATM/debit card that auto refunds all fees, checkbook, ACH transfers. The only possible issue I can think of is that I can't deposit cash.

ACH withdrawals? Every account at every bank is subject to withdrawal via the ACH system where an ACH debit could present against the funds, this is not a vulnerability of the funds at Fidelity. (Fidelity uses a bank in the background to provide the routing and account numbers.) I used to work at a bank and where I cannot speak to the process at Fidelity, I can assure you that banks normally have safeguards in place to prevent fraud.
To protect funds we use the Fidelity Transfer Lock. All our accounts are locked except the CMA account and we transfer only enough to pay the current bills to the CMA. Any account with the Transfer Lock turned on will reject the ACH payments.
[https://www.reddit.com/r/fidelityinvestments/comments/1ukml2b/money\_transfer\_lock\_is\_now\_available\_for/](https://www.reddit.com/r/fidelityinvestments/comments/1ukml2b/money_transfer_lock_is_now_available_for/)

Some people prefer to pay their credit card companies using Bill Pay rather than the card company’s ACH ability because they don’t want to share their bank routing number and account number. With ACH, if the credit card issuing bank has a data breach, then the customer bank account number is compromised. But if the card account is paid with Bill Pay, then the customer’s bank account number remains confidential since it was never shared with the credit card issuing bank.

I mean buying multiple money market funds from the same CMA/brokerage account.
It sounds like you have multiple CMAs. I just say ‘spaxx is my regular checking, I’ll use sprxx to set aside taxes’ in my CMA- which is essentially my checking. There are a lot of money market mutual funds available with similar yield (some tax advantaged over others in some situations), so you can just use a new one for each bucket.
I also have a separate brokerage account I use similarly but for ‘savings’, so the bulk of my money isn’t accessible from the CMA debit card or ACH transfers to pay bills. I so the same thing for buckets there, for example ‘fdlxx for home maintenance savings, sprxx for emergency fund, etc)

what a first world problem. why oh why bother forward dating the ACH? Just transfer the #@$%\^\^$# money. A few pennies of dividends lost are not going to kill you and now you are in a panic. Not worth it.

Since Fidelity doesn't have Zelle support, and my landlord stupidly only accepts Zelle (or checks), I transfer money to my other bank account once a month.
I had adjusted my recurring transfer and didn't have enough lead time to get it scheduled in time for the next rent payment. So I future-dated a regular ol' ACH instead.
Flip off the money lock. Put in the transfer 4 days from now. Flip the money lock back on. The transfer page doesn't let you create new transfers unless the money lock feature is off. Cool.
Except _apparently_ this creates a fun little failure scenario where the day that the transfer actually goes out, some separate system SILENTLY FAILS due to the lock feature and no money ever gets moved.
I told the CSA on the phone to please provide some feedback to the engineering team to avoid this failure scenario. It should really be as simple as not allowing an account with a pending transfer to be locked… or making future-dated transfers exempt.
Hope this helps someone else avoid this scenario.
It's now the last day of the month and I just scrambled to wire myself the money so I can Zelle it. The US financial system is so broken.

I haven’t found too many large vendors embracing real time transfers. Small players (lawn care and such) will take Venmo and Zelle, but don’t do ACH.
Fragmentation in 2026 is still massive.

But if they set up “bank” draft via ACH, the money is pulled automatically by Citi from the Fidelity spending account

Citi is notorious from not accepting ACH transfer from bank bill pay services. I have experience with this issue. Citi’s only solution is to just use their online service to pull the funds to pay your bill. I have used bill pay at multiple banks and they always send a check even when under $500. Even though says it’s the other bank, it really is their ACH vendor. Watch out, Citi will also hold your money for greater than 2 weeks before they will update your credit line.

may be I do not have enough coffee this morning - did you link external bank account \[ BofA \] first before doing EFT/ACH push from your Fidelity account to it ? how did you manage to link it then ?