How many beneficiaries can be on a TOD account?

A Transfer on Death (TOD) account can have multiple beneficiaries, depending on the financial institution's policies. Typically, there is no limit to the number of beneficiaries you can designate; however, it's essential to check the specific rules of the institution managing the account. Each beneficiary will receive their share of the account assets upon the account holder's death, and it's advisable to clearly specify the distribution percentages if there are multiple beneficiaries.