Your Will Is Not the Boss of Your 401(k)
A man in Indiana County dies with a will that could not be clearer. Everything splits evenly between his two children. His daughter takes the will to a lawyer, feels good about how simple it all looks, and then calls the retirement plan administrator. The 401(k), the largest single asset he owned, is going to his first wife. He divorced her in 1997. He never touched the beneficiary form. The will does not get a vote. The Form Nobody Remembers Signing Here is the part most peo

AnnMarie Everett
2 minutes ago3 min read




