????Oh, dude, "fmt co cust ira" on a Fidelity account just means that it's a formatting code for a custodial individual retirement account. It's like a fancy way of saying it's an IRA held for someone else, probably a minor or someone who can't manage it themselves. So, yeah, nothing to worry about, just some financial jargon to make things sound more official.
Related Q&A：
What does fmt co cust ira mean on fidelity account？Oh, that's a bit of a tricky one! \FMT CO CUST IRA\ on a Fidelity account could potentially refer to a variety of things. It might be some sort of code or abbreviation specific to the internal systems or particular services of Fidelity. Maybe it's related to a certain type of account feature, a specific transaction, or some kind of customer classification. But without more context or specific details from Fidelity, it's really hard to say for sure. Have you tried reaching out to Fidelity's customer service? They should be able to give you a clear and accurate explanation.
