When I meet with clients to discuss estate planning, I always explain that the documentation that we help put together for them does not override any previously designated beneficiaries on things like ...

This article originally appeared on Moneywise.com under the title: My sister died and left her 401 (k) to me. I could really ...

The SECURE Act significantly changed how retirement assets are distributed to beneficiaries, replacing lifetime payouts with a 10-year distribution rule for most non-spouse heirs. In our alert, we ...

As was the case with the 2022 proposed regulations, the newly finalized regulations provide that a retirement account owner is treated as having no eligible designated beneficiary if the owner has ...

(NewsNation) — Securing life insurance helps a person protect their loved ones and ensure they’re cared for, should anything happen to them. When a buyer acquires life insurance, they designate a ...

Orman begins by categorizing beneficiaries into two primary groups: eligible designated beneficiaries and non-eligible designated beneficiaries. The distinction between the two is important because it ...

Millions of Americans rely on the Social Security Administration (SSA) for their monthly benefits. As November 2025 ...

LINDA M. JOHNSON, CPA, PhD, is associate professor of accounting at Kennesaw State University in Kennesaw, Georgia. Her e-mail address is [email protected] . RAs have long been a ...

Dear Mr. Premack: My mother-in-law died (90 years old) and left a traditional IRA to her estate. She did not name beneficiaries, she has four sons, but checked the estate box. I keep getting ...

The SECURE Act changed the rules for many individuals who inherited individual retirement accounts. However, even though SECURE took effect five years ago, advisors continue to receive questions from ...

If an IRA is inherited through an estate, the distribution rules for the estate apply, even if the IRA is later transferred to a person. Distribution rules depend on whether the IRA owner died before ...

On July 18, 2024, the Internal Revenue Service (IRS) issued final regulations updating the required minimum distribution (RMD) rules. The final regulations reflect changes made by the Setting Every ...