Oh, this is the awkward part. If you didn’t fill out that little “beneficiary” form, your pension goes into probate. That’s a fancy legal word for “your family fights over money while lawyers get rich.” It can take months or years, and Uncle Sam might take a bite.
What Happens To Your Private Pension When You Die? 2026 Guide
So, for the love of all that is holy, name a beneficiary. It takes five minutes, and it saves your loved ones from a headache the size of a pension fund.
