Sentences with phrase «beneficiary lists»

This is why it's important to keep your designated beneficiary lists updated every few years.

This is why it's important to keep your designated beneficiary lists updated every few years.

Financial advisors call the failure to update beneficiary lists after major life events one of the most common and potentially costly retirement and estate planning errors that savers and investors make.

There can only be one beneficiary listed to an ITF account, and that beneficiary is irrevocable.

Review the beneficiaries listed on your retirement accounts, life insurance policies, annuities and trusts, and make sure they're up - to - date.

If the policyholder dies during the term — and he or she has paid the premiums on time and the policy is in good standing — the beneficiaries listed in the policy will receive a death benefit.

The definition of life insurance death benefit is the amount of money payable to the beneficiary or beneficiaries listed on a life insurance policy upon the death of the insured, minus any policy loans.

I just updated my beneficiaries listed on my account.

For example, accounts such as Individual Retirement Accounts (IRAs), 401Ks, or Certificates of Deposit (CDs) that have a beneficiary listed are handled independently of the will.

Any primary, or first, beneficiaries listed on a term life insurance policy would receive the insurance benefit, provided they could be found and were living.

You can also call the life insurance company claims line, if you know who the life insurance company was, and ask to see if you are a beneficiary listed on the policy.

If the person insured dies during the term, then the beneficiary listed will receive the death benefit.

In the event that the deceased insured had a policy with us, we will begin the claim process and contact the beneficiary listed on our policy records.

With the trust in place, the beneficiaries listed on the policy will receive the full benefit amount and not just a portion of the benefit after it is taxed by the government.

There have been cases where a beneficiary has been deemed to not have an insurable interest and the life insurance proceeds went to a different party than the beneficiary listed upon the death of the insured.

Traditional life insurance policies pay the death benefit directly to the beneficiaries listed on a policy.

Keep a record of all policies in one place along with all relevant details like insurer name, financial advisor / agent who sold it to you, sum assured, rider details, beneficiary list.

You can change any of the beneficiaries listed on your life insurance policy, at any time, for any reason.

If you have a life insurance policy with just one beneficiary listed, you may have missed a critical step in the process.

If the policyholder dies during the term — and he or she has paid the premiums on time and the policy is in good standing — the beneficiaries listed in the policy will receive a death benefit.

It is a good idea to stay extremely updated and apprised of current beneficiary listings, as coverage is easily lost, changed or adapted through job loss or change.

The owner is the only one who has access to policy information and can change the beneficiaries listed on the life insurance policy.

After marriage, you may need to change the beneficiary in your policy or add your spouse and children to the existing beneficiary list.

A beneficiary listed in a life insurance policy in which the policy owner reserves the right to revoke or change the beneficiary.

In turn, the insurance company promises to pay the immediate sum of money — in the event of the individual's death — to the beneficiaries listed in the contract.

He also has the option to change the beneficiary listed on his policy.

Beneficiaries listed in a will could also change, and you'd need to revise your estate planning in light of the assets you're left with after the divorce.

Title insurance works to protect the beneficiary listed on the insurance policy from problems discovered after the closing.

Not exact matches

Beneficiaries: For every existing 401 (k), IRA, or investment account, individuals will have already listed a beneficiary in the event of their demise.

The UBS report also listed Bristol - Myers Squibb as the top beneficiary to repatriation.

See this month's ESOP Report to read about a new pro-ESOP bill, learn how to educate employees on the rights and responsibilities of being an owner, understand the issues when minors are named beneficiaries, see the list of nominees to the Board of Governors, and more.

Any minor can be listed as a beneficiary.

Some 70 % of shares in U.S. - listed companies today are held by mutual funds, pension funds, insurance companies, sovereign funds, and other institutional investors, which manage them on behalf of beneficiaries such as households, pensioners, policy holders, and governments.

Avoid this problem by making sure your retirement plan beneficiaries and the designations listed in your will are in agreement.

In order to qualify, the contribution must be made to an account that lists an employee or an employee's family member as a beneficiary, and it must be made as part of a payroll deduction program at work.

Notably, the Ethereum Foundation recently announced a list of thirteen beneficiaries they thought were deserved of their inaugural wave of grant funding (worth $ 2,565,000 USD), the majority of which went to scalability - related work in areas like sharding, state channels, and Plasma.

The complete list of 2018 beneficiaries and total amount of funds raised will be available in the coming weeks.

The current list of 2018 beneficiaries includes:

At the same hearing, Rep. David Valadao, a California Republican, noted that 67 House members had written Vilsack on Thursday expressing disappointment that USDA's Food and Nutrition Service ignored a request by Congress to add white potatoes to the list of eligible foods for beneficiaries of the Special Supplemental Nutrition Program for Women, Infants, and Children, known as WIC.

Interestingly, anyone who's joined a cause can suggest fundraising targets — I just added National Environmental Trust to the list of possible Global Warming beneficiaries, for instance.

The list of potential beneficiaries goes on and on.

When the list of beneficiaries was published by the New Patriotic Party (NPP) on 5th December 2016 at a press conference organised for the purpose towards the elections, I expected that Koku Anyidoho whose name appeared as having received GHS100, 000.00 and GHS13, 000.00 respectively on 1st and 10th May 2011 through Agricultural Development Bank cheques numbered 809090 and 809093 would sue for defamation to vindicate his honour.

In the amended charges coming barely one year to the general elections, names of prominent politicians from the opposition party were listed as beneficiaries of the alleged diversions

The ninth state is Borno, which was added because of the IDP situation, with the list of the beneficiaries that has been verified by SEMA.

A draft list of local charities that could become beneficiaries of a donation from the MTK: Music to Know festival was discussed by the East Hampton Town Board on Tuesday.

«The document was identified by PW1 as the list of beneficiaries of the transactions his bank handled.

But the list of beneficiaries of end - of - service benefits that was published after 7th January 2017 included names of officers who were not even entitled to saloon cars but had managed to loot four - wheel drive vehicles as part of their benefits.

When the list of beneficiaries was published by the New Patriotic Party (NPP) on 5 th December 2016 at a press conference organized for the purpose towards the elections, I expected that Koku Anyidoho whose name appeared as having received GHC100, 000.00 and GHC13, 000.00 respectively on 1st and 10th May 2011 through Agricultural Development Bank cheques numbered 809090 and 809093 would sue for defamation to vindicate his honour.

At the last adjourned sitting on March 14, 2017, the prosecution counsel, Rotimi Oyedepo, had sought to tender the list of the beneficiaries of the alleged $ 115,010,000 along with the attached Certificate of Identification issued, but Olatunji Ayanlaja, SAN, counsel to the second defendant, Sulaiman, objected to its admissibility.

`' There was a list of beneficiaries that was sent, to be paid across the 36 states of the federation, including Kwara and I handled the transactions in my branch,» the witness said.