Add to My AOL

Add to Google Reader or Homepage

Subscribe in Bloglines

Bookmark and Share


« Can My Creditors Seize My Daughter's Trust Account? | Main | Transferring Part of an Inherited IRA to a New Provider? Do It Very Carefully! »

03/22/2010

Comments

Feed You can follow this conversation by subscribing to the comment feed for this post.

I need to know in case of my husband's death do I automatically inherit his 401(K) retirement accounts?

Lynn replies:

Yes, assuming you haven't signed a statement waiving your right to the accounts. By federal law, a person's spouse is entitled to inherit his or her 401(k) accounts.

There's no such rule for IRAs, which aren't governed by that law.

For more information, see my January 23, 2012 post 'Can My Husband Get My 401(k)Plan?', among others.

Verify your Comment

Previewing your Comment

This is only a preview. Your comment has not yet been posted.

Working...
Your comment could not be posted. Error type:
Your comment has been saved. Comments are moderated and will not appear until approved by the author. Post another comment

The letters and numbers you entered did not match the image. Please try again.

As a final step before posting your comment, enter the letters and numbers you see in the image below. This prevents automated programs from posting comments.

Having trouble reading this image? View an alternate.

Working...

Post a comment

Comments are moderated, and will not appear until the author has approved them.

Your Information

(Name and email address are required. Email address will not be displayed with the comment.)