Fidelity Minimums

You'd better double-check the funds you're interested in. Fidelity, like many fund companies, sets much lower initial minimum investments for many of its funds when held in IRA accounts as opposed to "regular" accounts. E.g., I randomly checked FDGFX, where you only need $200 to get in:

-Sandra the cynic

The money is safe.

But I believe Fidelity waives it's minimums if you set up an automatic deposit plan for IRA's.

--ron

I know that several mutual funds have lower initial investment requirements, but I'm focusing mostly on Fidelity's line of index funds. Looks like I'm going to have to wait a little bit before I can dip into them.

Yes, I think some of their Spartan funds have as much as a $100,000 initial minimum investment requirements.

However, the various prospectuses indicate that with certain retirement plans, and with regular payroll deductions, those minimums do not apply.

Are you absolutely certain that in your case the higher minimums will apply? Sometimes, the only way to find out, is to check with a representative over the phone or in person.

--ron