Here’s an excellent article from the Associated Press discussing inheritence insurance issues and retirement accounts. It happens all too frequently: a person dies unexpectedly, leaving ex-spouses or relatives they haven’t seen in years large chunks of money because they hadn’t updated their retirement plans or life insurance policies.
It’s a problem that you can try to head off at the pass this open enrollment season. But be aware that for most insurance and retirement accounts, changes can be made any time and do not require you to wait for your annual benefits selection.
Read on to find out more about insurance, inheritance and your retirement account.
Filed under: Insurance News |