Why Your IRA Beneficiary Form Matters More Than Your Will

In this episode of Retirement Planning with Fexingo, Lucas and Luna discuss the critical importance of keeping your IRA and 401k beneficiary designations up to date. They walk through a real example from 2025 where a New Jersey man's $1.2 million IRA went to his ex-spouse because he forgot to update the form after remarrying. They explain how beneficiary designations override your will, the SECURE Act's 10-year rule for inherited IRAs, and why naming a trust as beneficiary can backfire. The hosts also share practical steps to check your beneficiary forms today and why a single life event — marriage, divorce, birth of a child — should trigger an immediate review. Tune in to avoid leaving your retirement savings to the wrong person. #IRA #Beneficiary #EstatePlanning #SECUREAct #InheritedIRA #RetirementPlanning #401k #WillsVsBeneficiary #StretchIRA #TrustAsBeneficiary #Finance #PersonalFinance #WealthManagement #FexingoBusiness #BusinessPodcast #Retirement #ElderLaw #Probate Keep every episode free: buymeacoffee.com/fexingo