The Importance Of Updating Beneficiary DesignationsBeneficiary designations are unique in that upon your death the asset passes to the named individuals on the account and they will bypass any will or trust that may be in place.
Bag Lady SyndromeFor many women their biggest fear is that they will be penniless and homeless in their old age and unable to afford food, shelter, and medical care.
The Importance Of Updating Beneficiary Designations Even if you leave everything in your will or trust to your spouse or children, if your mother is still named on the retirement plan or life insurance she will receive the proceeds.
How To Successfully Merge Two HouseholdsCouples are marrying later in life, which means the merging two households.
The Spousal IRAA Spousal IRA is an IRA funded for a spouse with little or no income by a working spouse with income.
What Are Coverdell Education Savings Accounts?An ESA is another savings program for educational expenses which can be set up for kids under 18 years of age. The annual contribution limit is $2,000 per child.
Update Your Beneficiary Designations When Life ChangesWhenever there is a life event such as a marriage, divorce, death, or a birth you need to review and update the beneficiary designations on your various accounts.
What Are Coverdell Education Savings Accounts?When ESA's were created they were named Educational IRAs and limited to a $500 contribution. With a name change they became the Coverdell Education Savings Accounts.
The Importance Of Updating Your BeneficiariesWhenever there is a life event such as a marriage, divorce, death, birth or a significant birthday you need to review and update the beneficiary designations on your various accounts.
Marriage, The Second Or Third Time AroundBefore you say “I do” again you need to start thinking like Donald Trump!

More From CBS Boston

July 4 Guide
Download Weather App

Listen Live