beneficiary

I’m sorry that your sister appears to have taken over your father’s estate and, from what you say, listed herself as beneficiary on his accounts.

So-called pod-shop firms, such as Millennium Management and Point72 Asset Management, have been some of the biggest beneficiaries of the latest blitz of fundraising, Heinz said.

About 39% of beneficiaries rely on Social Security for their entire income, according to the Senior Citizens League.

The open-enrollment season allows beneficiaries to make changes to their Medicare plans, such as moving between original Medicare and Medicare Advantage or adding and dropping coverage, such as Medicare Part D for prescription drugs.

“Lifetime gifting allows donors to transfer wealth to beneficiaries, to some extent without tax consequence. And if gifting is done properly, it also shrinks the giver’s taxable estate.”