Naming beneficiaries is the easiest way to make sure your loved ones receive your retirement account with the least hassle possible.

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Ebony Howard is a certified public accountant and a QuickBooks ProAdvisor tax expert. She ...

Congress changed the rules for when beneficiaries must take money from inherited IRAs, 401(k)s, and other retirement accounts. Here’s how to avoid the most common traps.

The trouble began when Ed was ailing, and his wife, Val, was incapacitated. A family member, acting under power of attorney, ...

Who you designate as your beneficiary is important when it comes to the wealth transfer. The dramatic reading of the will in a wood-paneled office has long been a staple of television dramas. Who's in ...

Is there a wiser way to transfer wealth?

A beneficiary nomination affects how quickly your loved ones will receive money, whether assets will fall into your estate ...

Changing your RRSP beneficiary from your spouse to your adult kids sounds generous — but the tax hit could cost your family ...

Jessica Gibson is a content update editor and writer for Investopedia. She has over 10 years of experience in digital publishing and three years of experience covering financial topics like insurance, ...

The costliest mistake people make with their IRAs doesn’t involve how they invest their funds or even their savings strategy. No, the single greatest blunder often goes undetected because, as many no ...

Beneficiary designations on retirement accounts override your will when it's time to determine who inherits your funds. Many people forget to update beneficiary forms, which leads to unintended ...