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Seventh Circuit Awards Deceased Worker's Retirement Plan Assets to Ex-Wife
PLANSPONSOR; registration may be required
Feb. 4, 2026 "The U.S. 7th Circuit Court of Appeals awarded a deceased retirement plan participant's assets to his ex-wife, ruling that [the participant's] faxed beneficiary change request did not meet the [retirement] plan's formal requirements for changing beneficiaries.... Although the appellate court's three-judge panel agreed that his actions clearly showed intent, it ruled that his action was not similar enough to processes set forth in the plan documents to qualify." [Packaging Corp. of Am. Thrift Plan for Hourly Emps. v. Langdon, No. 25-1859 (7th Cir. Feb. 2, 2026)] MORE >> |
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