Naming beneficiaries is the easiest way to make sure your loved ones receive your retirement account with the least hassle ...

Editor’s Note: The SECURE Act significantly changed the rules applicable to designated beneficiaries and eligible designated beneficiaries for tax years beginning in 2020 and thereafter. The SECURE ...

The designated beneficiary need not be specified by name to be a designated beneficiary so long as that beneficiary is identifiable under the terms of the IRA as of the determination date. 2 For ...

You've likely just finished your seasonal tax tasks and reviewed your insurance policies, but a critical piece of your retirement income plan may be silently accumulating risk: your IRA beneficiary ...

Understanding these rules will help your heirs squeeze the most out of their inheritance.

Most Americans believe their will distributes their estate, but that's not the case with retirement accounts, life insurance, ...

A variety of financial accounts, including retirement plans and life insurance, allow individuals to designate beneficiaries. Whoever is named on a beneficiary designation form will receive those ...

The simplest oversights can cause the biggest problems for heirs, especially those intended to inherit retirement accounts. Over the years, I’ve seen a number of court cases in which the logical ...

Beneficiaries of IRAs and other tax-deferred retirement accounts must take required minimum distributions. The class in which a beneficiary falls determines the RMD rules that apply to them. One of ...

The Ontario Superior Court of Justice has ruled that registered plans are presumed to belong to the designated beneficiary, a ruling experts say is a welcome counterweight to recent decisions that ...

There is a saying that the road to clarity begins with confusion. For your advisor’s sake, we hope that is true. The IRS issued Proposed Regulations on February 23, 2022 and they are quite extensive.