What Will Happen To My 401K If I Die?

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   John Cole

   Recruiter/Manager, Cole Insurance Investments, Charlotte N.C.

   Your beneficiary will receive the benefits as income and will be taxed as income it can still be held in the account or rolled over in another product if the plan is set up in the spouses name also such as John and Jane Doe keep in mind once the proceeds are out of the account and in the bank it is considered cash and will be considered income talk with a financial planner. See my website

   Answered on July 12, 2014

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