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Use this Thanksgiving to check your and your family’s Beneficiaries.
Use this Thanksgiving to check your and your family's Beneficiaries. As an FA I see many sad cases where a bene was not set up for a 401k and the plan is automatically assigned to an estate. This causes issues because a lot of plans only allow for a Full Distribution not partial's that would allow loved ones to spread the tax hit over 10 years. This also can cause massive delays in accessing the money from weeks ...
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