A steady stream of court cases and IRS rulings shows that many people fail to perform this simple step ... or persons named on the beneficiary designation form on file with the account ...

beneficiary designation form. The primary beneficiary, often the spouse if the account owner was married, will get the money if they are still alive and want to claim it. But if they have passed ...

This transaction may be completed online. Retirement Online gives you an easy and secure way to review your benefits and conduct transactions in real time instead of sending forms through the mail or ...

Understand IRA beneficiary rules for spousal and non-spousal heirs, the importance of naming beneficiaries, and the impact of ...

Sometimes there are simple ways to address a desire ... assets and how they are owned and what is contained in beneficiary designation forms.

Because, when the couple was dating in the 1980s, Mr. Rolison had listed Ms. Sjostedt as the sole beneficiary of his retirement account, and then never updated the form to designate a new ...

A grantee beneficiary is an individual or entity designated to receive certain assets, often in a trust or transfer-on-death ...

What happens to your savings or checking accounts when you die largely depends on whether you’ve named a beneficiary to ... initiate a claim through a simple form in minutes.

Like so many undertakings in life, leaving loose ends when it comes to your estate planning can lead to lost opportunities, stressful last-minute fixes or, ultimately, failure to achieve the ...

I chose my sister as my life insurance beneficiary at that time. When I got married, I filled out a form on my ... It's important to review and update your designation after major life events ...

They range from beneficiary mistakes and RMD errors to failing to file the correct forms. Here are three ... I check my clients’ beneficiary designations at least annually.

Estate planning for tax-free savings accounts is pretty simple if you’re ... person’s TFSA until paid to the beneficiary. ”Where the successor holder designation can really be advantageous ...