Moving

Moving your home can be an exciting experience that can also mean changes to your budget, home and auto insurance, and adjustments to your overall financial strategy. The following tips and tools can help to make the transition a smooth one.

Managing your finances

Plan:

• Review your budget and adjust your savings appropriately with the Budget Snapshot.
• Set aside money for short- and long-term financial goals.

Act:

• Update your address with financial service providers and credit card companies to ensure uninterrupted delivery of your bills and financial documents.
• If you don't already have one, consider a Fidelity Account^SM for your non-retirement needs including cash management.
• If you have relocated to a new state and are interested in municipal bond funds, you may want to investigate that state's municipal funds.¹
• Use the Fidelity's Automatic Investing Plan to schedule electronic contributions to your account based on the date and dollar amount you specify.
• If you moved due to a new job, visit Life Events » Changing Jobs.

Insurance planning

Plan:

• Learn about the types of insurance coverage that can protect your home, automobiles, or other valuables.

Act:

• Investigate term life insurance at Fidelity's Insurance Center.
• Update your existing auto and home insurance policies.

Tax planning

Plan:

• Consider the tax consequences if you have moved out of state and hold state municipal mutual funds.
• If you have moved out of state, consider visiting your new state's government Web site for tax information.
• Review tax information and services by visiting the Tax Center.

Act:

• Notify your employer of address changes to ensure W-2 and benefits mailings reflect your current location.

1. Municipal bonds are not appropriate investments for tax-advantaged retirement accounts.