Can I Withdraw Money From My Fidelity Tod Account

An investment account can transfer fairly easily after the account holder passes away, as long as they designate a beneficiary and consider his or her ability to manage the account. You can withdraw money from your fidelity brokerage account and: Transfer it to another account you own using the fidelity electronic funds transfer account service, or have the money sent. While you may owe taxes based on your investment activity, we generally do not withhold taxes from your withdrawals. However, you can only withdraw money.