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Most people assume their beneficiary form tells the whole story when it comes to retirement accounts. But for 401(k)s and other ERISA-governed plans, one little known rule can completely override your wishes, and in one case, it shifted $3 million away from the intended heirs. This story is a powerful reminder that overlooking the fine print can cost your family dearly.
Here’s what we cover in this episode:
⚖️ The Martinez case as a cautionary tale
💔 Remarriage without updates can redirect 401(k)
🚨 Common assumption: “Beneficiary forms trump everything” isn’t always true
🔄 Life changes are a good time for a beneficiary review
🛡️ Difference between IRAs and ERISA plans
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