"The 7th Circuit's recent decision highlights the severe consequences that can arise from procedural mistakes related to beneficiary designations.... [S]teps you can take to help ensure that the intentions of participants are ultimately honored and reduce the risk of costly disputes: [1] Tighten and publicize beneficiary-change procedures.... [2] Train benefits staff on handling of 'off-channel' requests.... [3] Expect beneficiary change requests following major life events." [Packaging Corp. of Am. Thrift Plan for Hourly Emps. v. Langdon, No. 25-1859 (7th Cir. Feb. 2, 2026)]  MORE >>