Ask The Experts: Retirement

By Reg Jones

Beneficiaries

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Q. I will be retiring this summer, and my ex-husband has remarried, so he has no claim to my annuity when I die. Can I choose to leave my annuity to my children?

A. No. However, if you designate them as your beneficiaries and die before your contributions to the retirement fund have been returned to you in your annuity payments, any remaining amount would be paid to them.

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