Search the Community
Showing results for tags 'change'.
Found 3 results
-
My uncle designated me as sole beneficiary of one of his bank accounts. His step daughter has POA (don't know what type). We live in California and the accounts are in a CA bank. Q: Can the step daughter change the beneficiary or close the accounts and take over the proceeds? My uncle is in a nursing home and starting to show signs of mild dementia but is still mostly aware and present. -
Employer with FSA wants to amend their plan year to match the insurance coverage year. This would result in a short plan year. What implications does this have for participant salary reduction elections? Should the election be pro-rated to match the short year? Should salary reductions be decreased? Thoughts?
-
My "strange" questions/problems seem to be coming out of the woodwork along with the pollen!! I have a doctor's group that for several years has been a quasi self-directed. Meaning, there are 5 different accounts set up from which participants may choose to go into, based upon their risk tolerance (ie, high risk, moderate, low risk, etc.). They have been able to change 2x per year, and I prepare a year-end allocation report as well as a mid-year. The doctors wish to change from this set-up to a plain Trustee-Directed account. Do I need to prepare a Blackout Notice? My inkling is "no", but I do think that some form of a notice must be given. Please help! Thank you!!
