What Is a Beneficiary — and Who’s Listed on Your Investment Accounts?

  • What is a beneficiary — and what’s the difference between who you name as primary and contingent
  • Where you can name a beneficiary — and, just as importantly, where you actually can’t list a formal beneficiary on an investment account
  • How your finances or your family could be negatively impacted if you fail to name beneficiaries on your retirement and other financial accounts
  • When you need to review your financial plan and potentially make changes to your beneficiaries

What Is a Beneficiary?

Beneficiaries Aren’t Set in Stone — and Might Need to Change with Time

Be Sure to Name Beneficiaries to These Accounts and Entities

  • Qualified retirement plans like 401(k)s,, 403(b)s and IRAs
  • Health savings accounts
  • Life insurance policies
  • Wills and trusts

Where You Can’t Name a Beneficiary

Other Ways to Protect Your Loved Ones

How to Manage Your Beneficiary Designations Over Time as Your Life Evolves



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Eric Roberge

Eric Roberge

#FinancialPlanner helping 30 & 40-somethings build #wealth & think differently about #money • Top #FinancialAdvisor in #Boston • www.BeyondYourHammock.com