A beneficiary is a person or entity who is designated to receive the benefits of property owned by someone else. Beneficiaries often receive these benefits as an inheritance. A beneficiary can be ...

If you die, the remaining value of your annuity contract is paid to your beneficiaries. The $40 annual maintenance fee for variable annuities can be waived for contracts valued at $100,000 or more.

Definition: In a life insurance policy or an annuity plan, contingent beneficiary gets proceeds from the policy in the event of a demise of the primary beneficiary at the same time as that of the ...

“Retirement Topics - Beneficiary.” Internal Revenue Service. "26 CFR § 1.401(a)(9)-6 - Required Minimum Distributions for Defined Benefit Plans and Annuity Contracts," Pages 230-231. Office ...

While CRTs might introduce complexity into the estate and tax planning, under certain circumstances and with thoughtful ...

There are two primary options for investing in an IDF. The cheapest route is taking out a private placement variable annuity ...

The president of Finland says Donald Trump is running out of patience with Vladimir Putin and is frustrated with him.

The central issue in all cases revolved around the allowance of certain exemptions claimed by the employees on their salary income, specifically concerning benefits received under a Voluntary ...

Annuitants, popularly referred to as pension plan beneficiaries, have commended AllCO Insurance Plc for prompt payment of their N68.2 billion ...

Getting the right tax advice and tips is vital in the complex tax world we live in. The Kiplinger Tax Letter helps you stay right on the money with the latest news and forecasts, with insight from ...