If you're signing up for a life insurance policy or have an account with a financial institution, there's a chance you'll ...

Designating Boston College as a beneficiary of a retirement plan or life insurance policy is one of the easiest ways to support BC. Naming Boston College as a full, partial, or contingent beneficiary ...

A beneficiary is a person or entity who receives your assets once you’ve passed away. Designating a beneficiary ensures your assets go where you want them to once you’re gone. But it’s not ...

Is anything private anymore? We live in a digital age where information is quick and abundant. While this is helpful in many circumstances, it ...

Learn More: How I Made $1,000 a Month in Dividend Stocks If the account does not have a designated beneficiary, it becomes part of the deceased’s estate. The executor named in the will ...

The Setting Every Community Up for Retirement Enhancement Act of 2019 (the SECURE Act), was originally signed into law on December 20, 2019.

Nonspouse person who doesn’t fit one of the eligible designated beneficiary categories (for example, an adult child). A nonperson entity named as a beneficiary (for example, charitable ...

Life changes such as marriage, divorce, and the passing of a loved one can leave outdated beneficiary information on accounts ...

1. You inherited an IRA in 2023, and the owner did not take their 2023 RMD. 2. You are a designated beneficiary who inherited an IRA in 2020, 2021, or 2022, and the owner died on or after their ...

Minor children can be designated beneficiaries but cannot directly receive a payout. If you name minor children as beneficiaries, consider establishing a trust or appointing a legal guardian until ...

However, the new law also creates a category of beneficiaries called "eligible designated beneficiaries" who are still allowed to stretch distributions over their life expectancies. You qualify as ...

The IRS reminded account holders, and their beneficiaries, with employer-sponsored retirement plans and IRAs, of the upcoming ...