Get Beneficiary Designation Form - New York State Deferred ...

Filling out the Beneficiary Designation Form for the New York State Deferred Compensation Plan is an essential step to ensure your benefits are distributed according to your wishes. This guide provides clear and supportive instructions for completing the form online, making the process as straightforward as possible.

Follow the steps to successfully complete the Beneficiary Designation Form.

1. Click the ‘Get Form’ button to obtain the Beneficiary Designation Form and open it in your designated editor.
2. In the Personal Data section, provide your full name, home address, date of birth, city, state, zip code, home telephone number, employer, work telephone number, and Social Security number/account number as required.
3. Move to the Beneficiary Information section. Ensure that you understand the designations of primary and contingent beneficiaries before proceeding. A primary beneficiary is your first choice to receive benefits, while contingent beneficiaries receive benefits if all primary beneficiaries predecease you.
4. List your primary beneficiary(ies). Enter each person’s name, Social Security number, percentage of the benefit they will receive (whole percentages that total 100%), relationship to you, and date of birth. If you choose equal percentages, ensure to mark the appropriate box.
5. Now, enter the same information for your contingent beneficiary(ies) under the next section. Ensure this too totals 100% and that you mark the equal percentages box if applicable.
6. Read the Authorization section carefully. By completing this form, you acknowledge that it revokes all previous beneficiary designations. Sign and date the form to validate it.
7. After completing the form, you can save your changes, download the completed form, print it for your records, or share it online if necessary.

Take the next step and fill out your Beneficiary Designation Form online today to secure your plans for the future.