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MarketBeat: Beneficiary Rights When the Participant Dies

It’s not unusual for questions to arise about options for the beneficiaries of 403(b) accounts, including non-spouse beneficiaries’ ability to “stretch” the distributions from the deceased’s account over the beneficiary’s lifetime. In this week’s MarketBeat, Ellie Lowder reviews the basics of beneficiaries’ right to employer-sponsored retirement, as well as governmental deferred compensation (457(b)), plans.