John Mason, CFP®, discusses the importance of coordinating your beneficiaries and your overall estate plan with your Thrift Savings Plan.
About the Episode:
• If you have not listed any beneficiaries TSP will select them for you.
• TSP's "statutory list" may or may not match your desires.
• Coordinate your beneficiaries with your estate plan.
• NEW RULE: All primary beneficiaries must be paid before any contingent beneficiaries receive distributions.