With every single pension or life insurance, the beneficiary is your spouse or your designated person. With Social Security your designated beneficiary is Uncle Sam!
SUCKER!
Re: “With every single pension or life insurance, the beneficiary is your spouse or your designated person.”
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True — but don’t forget if Congress has its way, we will soon be forking over HALF of our post-death assets in 401Ks and IRAs to the GOVERNMENT thanks to that Theresa Ghilarducci (sp) “plan.” Beneficiaries will get only half of what’s left in our accounts when we die!!!