For many of you, open enrollment for your 2018 employee benefits starts on November 1. This is a good time to review and make sure the beneficiary designations for all of your payable-on-death (POD) accounts are up to date. This means reviewing your life insurance policies, retirement accounts, annuities, and any other POD accounts.
Everyone’s circumstances are unique and deciding who to name as your beneficiaries is not always clear-cut. Please feel free contact me if you need any guidance on reviewing your assets and your beneficiary designations.