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Pentegra
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The Essential Role of Plan Sponsors in Participant Beneficiary Designations
Plan Sponsor Council of America [PSCA] 
July 25, 2025 "Imagine diligently saving for decades, only to have your hard-earned retirement funds end up in the hands of an estranged ex-spouse or distant relative.... [T]his happens more often than you would think.... [P]lan sponsors can take proactive steps ... [1] Educate participants on beneficiary importance ... [2] Encourage regular updates ... [3] Promote the use of electronic records ... [4] Maintain clear and accessible records ... [5] Offer personal support and incentives." MORE >> |
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