A beneficiary is someone who receives a financial asset that was once owned by someone else. Choosing beneficiaries helps ...

Tell someone you're making them a beneficiary. You'll probably need some financial information from them and, if something happens to you, they'll be able to access the funds promptly. The bequest ...

Ensuring your beneficiary information is updated is one way to help your loved ones when it matters most. Several of your Purdue benefits provide for beneficiaries in the event of your death so ...

Do you encounter beneficiaries who want to know why you need so much of their personal information (including social security numbers) when preparing returns or K-1s? The Internal Revenue Code of ...

According to the CFPB, companies that gain access to the Social Security database can potentially commercialize personal information, putting beneficiaries at risk. The implications of such ...

The Centers for Medicare and Medicaid Services is notifying almost 950,000 Medicare beneficiaries that their personally identifiable information was compromised in late May 2023. In a press ...

For more information, see IRS Ends Inherited IRA Confusion: Annual RMDs Required for Many Beneficiaries. Understanding the tax treatment of distributions and inherited IRA RMD rules is crucial for ...

Naming beneficiaries is a necessity in estate ... Law is a separate entity and not affiliated with CoreCap Advisors. The information provided here is not tax, investment or financial advice.