Retirement Shocker

This article talks about beneficiary designations, something we've talked about a number of times on this blog. It's definitely worth repeating though because it continues to trip up so many people. Estate planning is not just about getting a Will made. It's about setting up a comprehensive plan that includes all of your assets and liabilities, and all of the people that are important to you. Click here to read the article. It's American and therefore refers to US 401Ks, but the very same principle applies to Canadian RRSPs and RRIFs.