Key Takeaways Your 401(k) passes to the person you name on a beneficiary form—not through your will.Spouses and non-spouses face different rules and tax implications when inheriting a ...

Making sure affairs are in order and checking in from time to time is key when it comes to protecting loved ones. Ensuring your beneficiary information is updated is one way to help your loved ones ...

AMONG ENRON’S PROBLEMS WAS ITS USE of variable interest entities, which allowed it to leave significant amounts of debt off its balance sheet. In response to concern about this practice, FASB issued ...

When planning for the future, many people focus on building their retirement savings and not as much on what happens to those funds after they're gone. A 401(k) plan will serve you well through ...

A spouse beneficiary is the person who will inherit a 401(k) account if the account holder passes away. The rules for spouse beneficiaries determine how the account assets are distributed, which can ...

So, whom should you name as your primary beneficiary or your contingent (e.g., secondary) beneficiary in the event your primary beneficiary is not alive at the time of your death? That’s a personal ...

A beneficiary is someone who receives a financial asset that was once owned by someone else. Choosing beneficiaries helps ensure that your assets go to the right people once you pass on. It’s a good ...

In order for a contingent beneficiary to inherit the asset, all of the primary beneficiaries must have predeceased them. For example, if Sarah and Jane are primary beneficiaries, and Luke is the ...

This is Kyle Woodley, the editor of Retire With Riley, and if you actually made the choice to read this article, let me just say: I respect you. Because, let's be honest, most of us don't actively ...