This will probably sound naive, but I am new to adulting. I am now eligible to apply for my company's 401k plan and just wondered how many beneficiaries one can have, and how the money can be split up between the people who I would like to leave it to. Is it possible to have three beneficiaries? The reason why I ask is because the first who I'd want to receive the most is my younger sister, the second is my mother, however the third is where I am at a lost as far as legal spouses/partners are mentioned within the law. I want to leave something for my boyfriend (now fiance) of 7 years. I am young and healthy (for now but circumstance is it's own master) and my bf and I do plan on getting married once he finishes up his degree and we are financially stable enough to support ourselves. I just want to be sure if something unexpected happened to me (without having to write up a will at 24) that at least all those I care for would be able to at least advance themselves. I do have an accountant who I hope to speak to about the matter, but it is tax season so she is already over burdened and the enrollment period is only a 30 day window, so if anyone has feedback/personal experiences I would be very grateful.
Submitted February 19, 2017 at 04:45AM by Cosmorich http://ift.tt/2m01zhH
