What is a beneficiary?
A beneficiary is someone who receives a financial asset that was once owned by someone else. Choosing beneficiaries helps ...
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What happens to your investment accounts after you die?
Without a beneficiary designation and even if you have a will, your individual account must go through probate — a court process that oversees how your assets are distributed after death.
Jeff Bezos' Estate Plan: What Is He Going To Do With All That Money?
Fact checked by Vikki Velasquez Jeff Bezos, the founder of Amazon, is one of the richest people in history with a fortune ...
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Naming a beneficiary can save your loved ones a lot of heartache — here's how to do it
Many other financial products have beneficiary designations, as well, such as: A primary beneficiary is your first choice to receive an asset. You may also be asked to name a contingent ...
Trump rolls back deportation protections for thousands of Venezuelans. Here’s what that means
The Trump administration’s decision to revoke the recent extension of Temporary Protected Status granted to Venezuelans by former President Joe Biden could affect hundreds of thousands living and ...
Non-Spouse Inherited IRAs: Ways Not To Squander The Money
Learn how beneficiaries can manage non-spouse inherited IRAs. Explore distribution rules, Secure Act changes, and tax strategies for long-term financial security.
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Beneficiary Management
Once designated, it is recommended to review your beneficiary designations each year to ensure no changes are needed. To make it easier for you, below is a list of those places. You can update your ...
‘Powerless and angry’: Venezuelans react to roll-back of deportation protections
The Trump administration’s decision to rescind a Biden-era extension of Temporary Protected Status for Venezuelans has ...
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Temporary Protected Status (TPS) and Deferred Enforced Departure (DED) Under the Trump Administration 2.0
Temporary Protected Status (TPS) and Deferred Enforced Departure (DED) Under the Trump Administration 2.0 President Trump has ordered a review of Temporary Protected Status (TPS) designations made ...
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Temporary Protected Status, explained | Why some immigrants qualify, who doesn’t?
With immigration crackdown efforts ramping up, some countries under Temporary Protected Status (TPS) have also been revoked, ...
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You Need Beneficiaries for More Accounts Than You Think
Designating beneficiaries for your assets and estate offers several real benefits, and if you haven’t updated those designations in a while you should review and change them sooner rather than ...
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Parting Gifts from the Biden Administration: TPS Extensions Ukraine, Venezuela, El Salvador, and Sudan
This extension allows existing Venezuela TPS beneficiaries under either the October 3, 2023 or the prior March 9, 2021 Venezuela TPS designation to retain TPS through October 2, 2026, assuming ...