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 ...

Many clients are unaware that life changes such as marriage, divorce, and the passing of a loved one can leave outdated ...

Not long ago, Duke Human Resources had to deliver unwelcome news to a deceased employee’s family member because beneficiary information had not been updated in the personnel database: a $10,000 life ...

It is important to keep your address current in HCM as it is regularly transmitted to healthcare and retirement vendors. It is also important that you review and update your beneficiary and emergency ...

Changing the beneficiary of a 401(k) plan can involve specific requirements, particularly when it comes to spousal consent. In many cases, to protect your spouse's financial interests, you need ...

A beneficiary is a person or entity you designate to receive the benefits of a particular account or policy after your death. Designating, reviewing and updating beneficiaries are basic tasks of ...

It's easy to assume your will has the final say over who inherits your money, but that's not always true. Just one bank account beneficiary form can quietly override written estate plans and redirect ...

This is an excellent question because so much can hang in the balance. If a former employee who left behind a retirement account balance is deceased, the next step should be for the plan sponsor or ...

Nearly 1 million Medicare beneficiaries have recently learned that their personal information may have been compromised in a data breach last year. This incident comes on the heels of another incident ...

A 401(k) can be one of the largest assets in an estate, but its treatment after death is governed by specific rules. Beneficiary designations determine who receives the account, while federal ...