Here are five critical mistakes to avoid when dealing with your beneficiary designations.
The IRS is weighing a change that could leave your heirs poorer than you might hope.
All couples can now take advantage of tax benefits for married partners, pass assets from one spouse to another with ease and qualify for Social Security spousal and survivor benefits. However, not all couples want to get married.
When you set up your estate plan it is important to coordinate the legal planning documents that you or you and your attorney create with the document provided by your retirement account custodian and/or your life insurance carrier called a ‘Designation of Beneficiary.’
Most people don’t know the first thing about the Secure Act and yet it has great impact on their retirement planning.