How to choose a beneficiary for your qualified money accounts? Qualified money accounts include retirement plans, such as 401 (k)s, IRAs, pensions and other tax-deferred accounts.

For retirement savers, adding a beneficiary to your 401(k) plan should be a top priority. A 401(k) plan beneficiary is the person or entity, such as a charity or trust, who inherits your 401(k) after ...

How to select your beneficiaries Once you realize how important it is to name beneficiaries for all your accounts, the challenge becomes choosing the right person.

A beneficiary is someone who receives a financial asset that was once owned by someone else. Choosing beneficiaries helps ensure that your assets go to the right people once you pass on. It’s a good ...

If you’ve decided you want to give your money to friends or family after you’ve passed away, you may want to consider placing it in a trust. Establishing a trust can protect a beneficiary’s assets ...