Series 24: Transfer On Death (TOD) Accounts

Taken from our Series 24 Online Guide

Transfer on Death (TOD) Accounts

A TOD account is a type of individual account in which the assets pass to the named beneficiaries upon the individual’s death, without having to go through probate. The account holder can divide the assets as he wishes among beneficiaries by designating the percentage that each beneficiary should rec

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I passed my Series 24 with two weeks of nearly full-time study, using the textbook, the online class, and the exam simulator. The textbook was very readable and helpful in providing complete explanations, as well as helpful memorization tips. The online class and pre-recorded sessions were crucial to get through all of the material and put it in relative context. It was helpful to be able to have questions answered instantly and via email afterward. The online simulator questions were just like the exam questions, and the immediate feedback function was essential for learning from the practice quizzes and exam. I needed every minute of my study and practice time to count, and Solomon Exam Prep made it possible. Thank you!

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