SCA Rules Retirement Funds Cannot Deny Death Benefits Based on 12-Month Deadline
A Landmark Victory for Beneficiaries: Why the 12-Month Rule is No Longer Absolute For years, many retirement funds operated under the assumption that a 12-month window was a hard deadline. If a beneficiary didn’t step forward within a year of a member’s death, the money was often swept into the deceased estate, leaving families—often those … Read more