Five Life-Impacting Decisions that Deserve Attention in 2019
By Paul Hynes, CFP®
With the start of a new year, it’s advisable to revisit key decisions and arrangements you’ve made in the past. Here is our short list; feel free to sort through the list of those most relevant to you.
1. Review your beneficiary designations.
Time marches on. Circumstances change. Yet, many individuals fail to revisit their beneficiary designations on a regular basis. There are countless examples of assets being left to deceased relatives or ex-spouses through oversight or neglect.
Don’t let this happen to you. Ensure that the beneficiary named on the designation form for each of your IRAs, 401(k)s, insurance policies, annuities and so on is still the person or persons you want.