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Financial Planning / Tax Strategies


Subject:  Re: beneficiaries of IRA and 401(k) Date:  4/15/2011  9:07 AM
Author:  Rikka7 Number:  113135 of 127523

Can't I just decide on the beneficiaries for my IRA and 401(k) on my own?

For your IRA, yes.

For your 401(k), per ERISA (Federal law) the spouse is always the beneficiary unless that spouse waives that right.
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