How a Misunderstanding Cost Beneficiaries $500K
Feb 23, 2017
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By Denise Appleby, APA, CISP, CRC, CRPS, CRSP
When a longtime UPS employee passed away just before he could start receiving his pension, his beneficiaries were denied his benefits due to a misunderstanding of how the pension plan worked. Here’s what happened and how you can guide clients to avoid a similar fate.