Only US-based Individual accounts, Joint accounts that are Tenants with Rights of Survivorship or Tenants by Entirety, and Individual IRA Account Users with a single account or multiple linked accounts can access the Account Inheritance page. From the Account Inheritance page which US-based Individual accounts and Joint accounts that are Tenants with Rights of Survivorship or Tenants by Entirety can set up a Transfer on Death and Individual IRA Accounts can add beneficiaries. Joint Accounts (except Tenants with Rights of Survivorship or Tenants by Entirety) and Trust Accounts cannot access this page. Accounts not eligible to designate a beneficiary can consider adding a Trusted Contact Person, please see: How do I add a Trusted Contact?
Use the button above or follow the below procedure to access the Account Inheritance page:
- Log into Client Portal
- Click the User menu (head and shoulders icon in the top right corner) followed by Settings
- Under Account Settings find the Account Configuration section
- Click Account Inheritance
- Click the "+" sign to add a beneficiary
- Select the beneficiary type (Individual or Legal Entity) and enter information about the beneficiary in the fields on the next page
- Enter a percentage of ownership for that beneficiary (100% if only one) and click Continue
- Check the details on the Account Inheritance Summary page and click Continue once ready
- An email with a confirmation number will be sent to your email of record. Enter the confirmation number into the field provided and click Continue
- A Transfer on Death Agreement link will populate. Print the form, read it carefully, sign it, and send it back to IBKR at your convenience
Additional Information
- Information on Transfer on Death eligibility available in our Client Portal User Guides
- What happens to my account in the event of my death?