Fidelity 401(k) freeze shocks investors. Thousands are suddenly locked out of retirement accounts. Those using third-party advisors cannot log in. Balances, trades, and monitoring are blocked. Fidelity says it’s for security, stopping credential sharing to prevent hacks and unauthorized trades. Customers can restore access by contacting the firm directly. Independent advisors warn this limits choice and pushes clients toward in-house services. The freeze highlights the growing tension between convenience and account safety. Millions of Americans are affected, making it critical to verify advisor authorization and protect retirement savings today.
