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N BOX 6042, DARTMOUTH COLLEGE, HANOVER, NEW HAMPSHIRE 03755 YOUR LAST NAME FIRST NAME SOCIAL SECURITY NUMBER BENEFICIARY MIDDLE INITIAL DATE OF BIRTH PRIMARY OR PERCENT OF CONTINGENT* BENEFIT ADDRESS (circle one) NAME (if two or more persons) SOCIAL SECURITY NUMBER RELATIONSHIP TO YOU P* C* P C P C P C P C NAME SOCIAL SECURITY NUMBER RELATIONSHIP TO YOU NAME SOCIAL SECURITY NUMBER RELATIONSHIP TO YOU NAME SOCIAL SECURITY NUMBER RELATIONSHIP TO YOU NAME SOCIAL SECURITY NUMBER R.
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Contingent FAQ
Make sure your percentage designations total 100% under Employee's Primary Beneficiary(ies), AND 100% under Employee's Contingent Beneficiary(ies) (if applicable). Do not combine totals for Primary and Contingent to equal 100%.
“A beneficiary is anyone you name in your Estate Plan who will ultimately benefit from your estate. The benefits could be in the form of money or anything else you pass down. Beneficiaries are an important part of your plan, as they give purpose and guidance for what you're leaving behind.”
Your original designation remains in force whether it still reflects your wishes or not, until you submit another form to cancel prior designations or to designate a new beneficiary. A designation of beneficiary form outlines your desire to have the funds due upon your death paid out in a particular way.
This is the person that receives the benefit upon death. The beneficiary designation on file at the time of death is binding in the payment of your benefits. Whenever you have a life event, such as a marriage, divorce or birth of a child, review and update your beneficiary designations.
Most beneficiary designations will require you to provide a person's full legal name and their relationship to you (spouse, child, mother, etc.). Some beneficiary designations also include information like mailing address, email, phone number, date of birth and Social Security number.
spouse, partner, children, parents, brothers and sisters, business partner, key employee, trust and charitable organization.
The person to whom the payment is to be made needs to be added as a 'beneficiary' and his bank account details provided in order to transfer the funds. These include the name of the beneficiary account holder, account number, bank and branch name, and the IFSC code of the beneficiary bank branch.
Write only one beneficiary on each line. Make sure that you write the full names of all beneficiaries. For example, if you name you children as beneficiaries, DO NOT merely write “children” on one of the lines; instead write the full names of each of your children on separate lines.
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