"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 >>