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What is a Contingent Beneficiary on a 401k
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What is a Contingent Beneficiary on a 401k Life Insurance?
Whether it’s a life insurance policy, bank account, securities account, retirement account, trust or other asset, designating contingent beneficiaries can avoid legalization and help achieve your planning goals patrimonial.
Do I have to name a contingent beneficiary? You do not have to specify a contingent beneficiary on a 401k life insurance. But naming primary and contingent beneficiaries will help ensure that your assets are passed on to individuals / entities.
#401k #investment #lifeinsurance
Whether it’s a life insurance policy, bank account, securities account, retirement account, trust or other asset, designating contingent beneficiaries can avoid legalization and help achieve your planning goals patrimonial.
Do I have to name a contingent beneficiary? You do not have to specify a contingent beneficiary on a 401k life insurance. But naming primary and contingent beneficiaries will help ensure that your assets are passed on to individuals / entities.
#401k #investment #lifeinsurance
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