Is Naming Retirement Plan Beneficiaries Halal?
We are often asked if Muslim retirement savers can choose beneficiaries outside of Islamic inheritance rules. After all, naming beneficiaries on IRAs and 401(k)s a basic part of keeping accounts in order. Generally, an owner of an employer retirement plan or pension account preselects the beneficiaries of his or her retirement account, which means that […]
Plan Ahead to Help Ease the Burden of Tax Season
Most U.S. taxpayers “completely agree” (68%) or “mostly agree” (26%) that paying their fair share of taxes is a civic duty.1 However, no one wants to pay more than his or her fair share. To help avoid doing so, consider addressing some important priorities before you begin filling out your tax forms. Here are some steps […]
