The Economic Times

What happens to your 401(k) after your death? The rules that decide who gets your money

A 401(k) does not follow your will after death and goes directly to your named beneficiary. Rules are different for spouses and others, especially for taxes and withdrawal timelines. Many people make mistakes by not updating beneficiaries or not naming one at all. Proper planning and understanding simple rules can help avoid problems and ensure your money goes to the right person.