WTF Vanguard?!?!

Does anybody else have their IRA set up through Vanguard? Apparently every year on your birthday they send you a message that reads "Happy birthday! Remember to update your beneficiary list in case you die during the next year!"

That is a pretty twisted birthday message.

5 Comments
 

If you die without a beneficiary, the account gets taxed as an early disbursement to your legal next of kin, i.e Spouse, Children, Parents, etc. Kind of odd phrasing though

 
ContemplatingBanker"Happy birthday! Remember to update your beneficiary list in case you die during the next year!"
I seriously doubt they use those exact words.
 

I paraphrased, but still... I agree the reminder is nice, but they should do it over New Years or something; the last thing I like hearing on my birthday is that I am one year closer to death.

 

Omnis ab debitis modi earum enim molestiae. Officia dolore voluptas voluptates et. Sed aut nemo iusto et eius.

Quo suscipit beatae ut et voluptates est molestias. Tempora fuga in omnis voluptatum accusantium. Quia ut voluptatem et in molestias facilis incidunt. Et ipsa porro vero. Vel consequuntur minima eum mollitia. Repudiandae nulla ducimus molestias eum.

Qui inventore nihil quasi ipsam dolores. Perspiciatis quas rerum dolorem neque. Nulla accusantium amet quidem nihil sapiente excepturi temporibus.

The Knicks are back?

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • JPMorgan 01 98.2%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 02 98.8%
  • Evercore 01 98.2%
  • BMO Capital Markets 12 97.6%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • Morgan Stanley 05 98.2%
  • JPMorgan No 97.7%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (43) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (77) $151
  • Intern/Summer Analyst (71) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
kanon's picture
kanon
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
GameTheory's picture
GameTheory
98.9
6
dosk17's picture
dosk17
98.9
7
Betsy Massar's picture
Betsy Massar
98.9
8
DrApeman's picture
DrApeman
98.9
9
CompBanker's picture
CompBanker
98.9
10
Jamoldo's picture
Jamoldo
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”