Series 7: 6.1.6.2 Withdrawal Plans

Taken from our Series 7 Top-off Online Guide

6.1.6.2 Withdrawal Plans

Investors may set up systematic withdrawal plans from their investment account, similar to automatic investment programs. Withdrawals are made first from dividends and then from capital gains. When those are gone, the fund will start redeeming shares if instructed to do so by the investor. Like automatic investment programs, systematic withdrawal plans use dollar-cost averaging. Withdrawals can be of several types:

• Fixed-dollar periodic payments pay the investor a certain amount of money each time period, such as every month or every quarter. How long these payments will continue can be estimated but not known exactly because it

+ Read More

More Series 7 Info

What are people saying?

Create an Account

Since you're reading about Series 7: 6.1.6.2 Withdrawal Plans, you might also be interested in:

Series 7 - 11.3.1. Manipulative, Deceptive, or Other Fraudulent Devices

Series 7 - 18.4.1.5. Appeals

Series 79 - Function 2

Series 6 - 8.3.3. COD/DVP Instructions

Series 26 - Investigations

Series 24 - 4.2.9. Exemptions from the Registration Process

Series 7 - Exercise

Series 7 - 5.1 Simple Options: Puts and Calls

Series 24 - Closing Out a Position: Buy-ins and Sellouts

Please Enable Javascript
to view this content!

Site Login

TESTIMONIALS

What are people saying?

Jeremy, I passed the Series 7 yesterday with an 87% using only your book and online practice tests. Thanks!

Aaron Johnson, Humble, TX

I am still so giddy that I passed my Series 7 on 1/31. I truly cannot believe it. I took the 7 three times in 2019 utilizing Kaplan study materials and didn't feel good going into the tests any of the times. So shockingly I failed all three times by a lot. My highest score was a 68%. I used Solomon for my 51 in September (passed on the first try) so I thought I could try it for my 7 even though it is the hardest securities test I have taken. I felt so good going into the testing center and I passed!!! I am so grateful to have found your materials. They have been incredibly helpful and I am able to understand all the material covered in the books. I still am in shock that I passed. Now off to the 24!

Briana Turner, Cambridge Investment Research. Virginia Beach, VA

The series 7 quizzes were what made the study material the best. I just passed the series 7, it was my second time with Solomon. I Passed the SIE first attempt with their study material and it took me until the second attempt to pass the series 7 with their study material. The unlimited practice quizzes was what helped me pass. What an exciting day! I will be using them for the next 63 or 66!

Patrick Deal, Cape Securities. Frisco, TX

Thanks to Solomon I was able to pass the SIE, Series 7, and Series 63, great study material if you put the hours in!

Xavier Mata, Cabrera Capital Markets. Chicago, IL

Solomon Exam Prep helped me pass the Series SIE, 63, 65 and 7 exams. The study materials are easy to understand and practice exams were very helpful, especially with the passing probability to gauge my exam readiness. The instructor for all web classes were really worth it as I could get directly answers for my questions. I couldn't have pass these exams without Solomon's help. Thank you!

Just passed my Series 7 using Solomon Exam Prep! Have used Solomon for my Series 79 as well. Both study programs are excellent and felt well prepared sitting for my exams. Would recommend to others in the industry.

Natasha Trilli, Ocean Park. Houston, TX