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Make sure your beneficiary designations are heir tight (access required)

An often-neglected area in the world of benefit plan administration is the beneficiary designation form. Many participants complete their beneficiary designations incorrect­ly because they don’t read the in­structions carefully or don’t under­stand the instructions. Beneficiary designation forms are often filed away without review, and mistakes surface only after the death of the par­ticipant, creating headaches for ...