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Beneficiary Planning for Retirement Accounts, Part I – Leaving it to your Spouse

Completing and periodically reviewing beneficiary paperwork is the one of the most important administrative tasks a retirement plan participant can take. Overlooking this seemingly easy step can lead to the wrong individual(s) inheriting your retirement nest egg; there have been too many unfortunate stories regarding non-updated beneficiary designations to leave this unattended. Hence why, like all estate planning documents, periodic check-ups should be implemented so that any necessary changes are made in a timely manner....