Most consumers are familiar with the beneficiary designation form they complete when opening an IRA or 401(k). The form designates who receives the asset if the account owner dies. Yet ...

The problem is “later” is usually too late, because most people never review their beneficiary forms. The SECURE Act has eliminated the “stretch” IRA for most beneficiaries and replaced it ...

The beneficiary should be informed of their designation and given access to the necessary documents, such as the beneficiary designation form and the ... beneficiary for an IRA and a 401(k).

Qualified Charitable Distributions, also known as IRA Charitable Rollover ... to request a Change of Beneficiary Form. For more information and instructions, visit our page on gifts by will or ...

Since distributions will be required upon Mortimer’s death (although only the Roth account would enjoy tax free distributions and carry a different rule), the traditional IRA and the annuity IRA will ...

401(k) beneficiary designation supersedes will instructions ... your spouse becomes the 401(k)'s beneficiary unless they sign a consent form. If you fail to designate a 401(k) beneficiary ...

The table below explains some must-know terms about IRA RMDs for an account you've inherited. Term What It Means Eligible designated beneficiary ... a waiver on IRS Form 5329, but you'll need ...

The SECURE Act, which became effective at the beginning of 2020, eliminated the "stretch IRA," with the exception of some beneficiaries. However, the IRS is mulling over key provisions particular ...