Designating a beneficiary on retirement accounts is one of the most important—yet one of the most frequently neglected—retirement planning tasks. A beneficiary is any person or entity that an account owner chooses to receive the benefits of a retirement account in the...
By William Sanders and Matthew Bencivengo, Interns The companies comprising the S&P 500 and the Magnificent Seven include many that have invested heavily in AI. What does this mean for investors? As current high school students, we have been given a blessing, and...
If you participate in a traditional pension plan (also known as a defined benefit plan), your plan may offer several payout options including "qualified joint and survivor annuity" (QJSA) if you are married. A QJSA is an annuity that pays a dollar amount (usually...
