Tip: Update Your Beneficiaries Each Year
At the start of a new year, there are so many things to check and goals to tackle. If you haven’t done it yet, tackling an annual check of your beneficiaries on your Pay on Death (POD) accounts at financial institutions and more allow you to retake control of your finances. A periodic review of all your beneficiary designations is an essential step in the financial planning process. Don’t wait until it’s too late. If you’re like most Americans, you
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