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Article: Investors Neglect to Ensure Retirement Accounts Have Beneficiaries.
- Article from:
- Knight Ridder/Tribune Business News
- Article date:
- December 1, 1998
- Author:
CopyrightCOPYRIGHT 1998 Knight-Ridder/Tribune Business News. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Knight Ridder/Tribune Business News
Nov. 30 -- Do you understand the options for distributing money from an IRA or 401(k) account to beneficiaries in the event or your death?
Can you even name all the primary and secondary beneficiaries listed on your retirement accounts?
If you answered no to either of those questions, you are not alone.
Professional advisers see an information gap in the area of estate planning with retirement accounts.
The extended bull market has helped many Western New Yorkers build large individual retirement account and 401(k) funds. People spend hours thinking about where to invest money, but little ...