Monday, January 4, 2016

Are Your Beneficiary Forms Up to Date?

While you gave thanks for all of your blessings this holiday season, did you also take a moment to think about your beneficiary forms?

Although a will controls the distribution of some assets, your beneficiary forms, not your will, controls the distribution of your IRA and 401(k) assets. 

It’s important to conduct a Beneficiary Review at least once per year to make sure you have named or removed all of the beneficiaries you want. 

You can also preserve an opportunity for your loved ones to stretch RMDs over their individual life expectancies.  Using a Multi-Generational IRA distribution strategy, those inherited retirement assets continue to grow tax-deferred or even tax-free in the case of a Roth IRA. 

Your local retirement distribution expert can help you with a Beneficiary Review - make an appointment for this FREE service today.   

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