Sunday, November 22, 2009

Designate beneficiary on accounts

Designate beneficiary on accounts:  Here's something to ponder as you gather with friends and family members over the holiday season: beneficiaries.
If you own various investment and insurance accounts - annuities, life policies, pensions, Individual Retirement Accounts, 401(k) plans and so on - you have the right to name someone to receive any remaining assets at your death. Designating a beneficiary is easy to do and it's important, yet a lot of people don't take the process seriously or procrastinate.

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