What Happens To My 401K If I Die?
- 37376 POINTSview profileDavid G. Pipes, CLU®, RICP®Business Development Officer, T.D. McNeil Insurance Services, Fresno, CaliforniaYou company should have on file a beneficiary form from you. The money will be sent to the appropriate beneficiary. If your beneficiary does not survive you the money will revert to your estate and potential probate. Keeping the beneficiary designation current is often overlooked and many people have been shocked when the pension they expected to come to them goes to a former spouse.Answered on September 2, 2014flag this answer
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