Related Questions (Ask a New Question)

If i made 2 kids beneficiary on my 401 k. then made a will leaving everything to one. will both still get the 401 k

I put a step chld and my only child 50% each of 401 k beneficiaries when i retired. then made a will leaving everything to my only son. will the 401 k still go to both of them? if i want to change the 401k beneficiaries can i clip an addition to my will that changes the two on my 401k. or...

See Answers

401k multiple beneficiaries and inheritance taxes

There are 3 beneficiaries on my mom's 401k. she is 66 years old. is it better tax wise for her to cash it in now or leave it there for us to inherit and have to pay taxes ourselves. she is in a much, much lower tax bracket than the 3 of us. otherwise, how can the 3 of us delay paying those taxes?...

See Answers

Can a nonspouse beneficiary rollover an inherited 401k from a person who died in 2005?

2006 pension protection act allowed nonspouse beneficiaries to rollover 401k if the plan allowed. 2008 (?) congress amended the act to all 401k plans. i previously heard that the law was only effective for beneficiaries of a person who died in 2006 & after. what is the rule and are there other limitations?

See Answers