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Friday Flight - Forgetting Football, Home Improvement ROI, & Ignominious Investing #831

How to Money

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Importance of Naming Beneficiaries for Retirement Accounts

The importance of designating beneficiaries for retirement accounts is emphasized through a real-life scenario where unclaimed money was discovered in an account without a designated beneficiary. The chapter underscores the need to regularly review and update beneficiaries to ensure assets are distributed according to one's wishes.

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