Pension

Learn how pensions fit into estate planning to help secure retirement income and create a comprehensive financial legacy for your family's future.

Can pension benefits be passed to beneficiaries?

Many pension plans allow you to designate beneficiaries who can receive benefits after your death. The specific options depend on your pension plan type and may include survivor benefits for spouses or lump-sum payments to named beneficiaries. Understanding your pension's beneficiary options helps you make informed decisions about incorporating these benefits into your overall estate plan.