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4:30 p.m. • 5-18-13

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Comments :: Updating your pension could save your family

3 Comments


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Anytime health insurance is updated....with any sort of changes....they the person should also update anything else which is important. It is hard for me to think that a man would get married, add his wife and children to his health coverage and not make other important updates.

Dollibug, it depends. He could have started that pension before he got married. If that were the case, he wouldn't have been compelled to change beneficiaries.

I thought there were *provisions* in place when a couple has been married....that a spouse MUST sign if they are not named as beneficiary. Perhaps this is only for 401's? It is a shame when something like this happens and the spouse must sue to get it. I have heard things like this when there are multiple marriages and one would think that a spouse would update things like this.

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