A 401(k) can be one of the largest assets in an estate, but its treatment after death is governed by specific rules.

Everly Life reports couples often don't share life insurance beneficiaries, leading to financial uncertainty and unclaimed ...

To help employers properly administer their 401(k) plans, in 2022, Foley & Lardner LLP is authoring a series of monthly “401(k) Compliance Check” newsletters. This article includes some tips for ...

Making sure affairs are in order and checking in from time to time is key when it comes to protecting loved ones. Ensuring your beneficiary information is updated is one way to help your loved ones ...

When it comes to financial planning, many people assume that once they’ve named beneficiaries on their accounts, they’re set for life. But, if life changes, it may be time to ...

High and persistent inflation over the past couple of years has caused interest rates to rise, and while that's made borrowing costs more expensive, it's also helped savers earn a higher return on ...

For many individuals, naming beneficiaries occurs when they first set up or rollover assets into an IRA account, and it’s rarely given much thought after that. If you fail to keep your beneficiaries ...

As the year closes, it’s a good time to update your beneficiary designations, which is a vital yet often overlooked step in financial planning. Life changes such as marriage, divorce, and the passing ...

A beneficiary is a person or entity you designate to receive the benefits of a particular account or policy after your death. Designating, reviewing and updating beneficiaries are basic tasks of ...