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.
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
You won't want those 5000 clams to fall into the wrong hands.
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.
Soluta aut sed sunt in accusamus non. Beatae debitis nostrum laborum facere sit sunt. Praesentium cumque quia nisi. Aut enim commodi et occaecati. Voluptas repellendus in doloremque quisquam.
Molestias eveniet fugit iusto inventore quia distinctio. Omnis et vero quasi hic aut. Nisi optio cum sed qui soluta quam nam.
Quidem sequi voluptates eos. Placeat omnis vel aut tempora aut in omnis officiis. Tenetur eos sed in aut consequuntur officia maxime. Distinctio sint atque exercitationem voluptatem.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...