With the season changing and life ever pulling us forward, you may want to consider life changes which may affect your financial goals.
School is now in session!
Beneficiary of Unintended Consequences
Not changing the designation when appropriate may, at the least, subject your intended beneficiaries to the inconvenience and distress of the probate process and likely delay distribution of assets. Identifying and updating participants’ beneficiaries for 401(k) plan assets can ensure a smooth transition of 401(k) assets to the people who need them in their absence.
The Importance of Keeping Beneficiary Information Updated
Summer Homework for Participants
Summer can serve as a preview of your retirement — long days in the sun and spending time with your loved ones! So, what better time to do a routine check-up on your retirement plan! Protect your loved ones and ensure you are keeping up to date with your retirement plan with our summer homework assignments!