Beneficiary - Sridhar Boppana

September 20, 20240Comments

The Fate of Your 401(k) When You’re Gone: Essential Information for Beneficiaries

Summary: The blog post delves into the complexities of 401(k) inheritance, providing essential insights for beneficiaries. It highlights the importance of understanding beneficiary designations, tax implications, and distribution options.Key points

by Sridhar Boppana

401k

June 21, 20240Comments

Decoding the Complexities of Inherited 401(k)s: A Step-by-Step Guide for Beneficiaries

Summary: Navigating the complexities of an inherited 401(k) involves understanding various options and rules. Beneficiaries, whether spouses or non-spouses, must decide on taking a lump-sum distribution or rolling over funds

by Sridhar Boppana

401k

February 20, 20240Comments

The Implications of Naming a Minor as a 401(k) Beneficiary

Summary: In the realm of estate planning, naming a minor as a beneficiary is a nuanced decision, laden with legal and financial considerations. The blog post delves into the complexities

by Sridhar Boppana

Annuity

September 13, 20230Comments

Do Annuities Go Through Probate? What Every Beneficiary Should Know

Summary: In the realm of financial planning, annuities emerge as a powerful tool, offering beneficiaries a streamlined way to inherit assets. Central to this is the question, “Do Annuities Go

by Sridhar Boppana

Retirement Planning

July 9, 20230Comments

The Importance of ERISA for Your Retirement Plan Beneficiary Designation

Summary: Enhancing your financial legacy requires strategic planning, especially with tools like the Employee Retirement Income Security Act (ERISA). ERISA plays a critical role in wealth transfer, offering an advantage

by Sridhar Boppana