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✉news BusinessPersonal Finance first seen 6 h ago, last 52 min ago, peak #1

Common beneficiary mistakes can be costly, column warns

Original: Personal Finance: Common beneficiary mistakes can be costly

A personal finance column from the Chattanooga Times Free Press warns that beneficiary mistakes on retirement accounts, insurance policies and other financial products can carry costly consequences. Readers are being reminded to review beneficiary designations regularly, since outdated or incorrectly named beneficiaries can override wills and leave intended heirs without an inheritance.

Why now: Beneficiary designation errors are a recurring but little-understood personal finance issue that can invalidate estate plans.

Chattanooga Times Free Press

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