@Mike9241 First I do not have any scenarios that you listed in your first paragraph.
So can I understand as : when I considering assign a beneficiary for my 401K, I should choose person first as primary and secondary beneficiary, and choose trust as the last one if no more person available.
The reason to put trust in as the last one if there is still room to put in, (some 401k only allow limited number of beneficiary to be assigned) is in the case all beneficiaries passed away and the money go no where, then the money can go to trust.
Am I correct?
Thank you for so detailed answer.
