Get Designation Of Beneficiary Form - Board Of Governors Of The Federal ... - Federalreserve

The Designation of Beneficiary Form is an important document that allows individuals to designate beneficiaries for unpaid compensation after their passing. This guide provides a clear and straightforward method for completing the form online, ensuring your preferences are documented accurately.

Follow the steps to complete the Designation of Beneficiary Form easily.

1. Click the ‘Get Form’ button to access the Designation of Beneficiary Form and open it in your online editor.
2. Begin by entering the name of the employee in the designated fields, including last name, first name, and middle initial.
3. Fill in the mail stop information as well as the social security number of the employee.
4. Next, designate your beneficiary or beneficiaries by typing or printing their first names, middle initials, and last names in the appropriate sections.
5. Provide the addresses of each beneficiary clearly, ensuring accuracy to facilitate any future correspondence.
6. Input the social security numbers of the beneficiaries, as this information is essential for identification.
7. Indicate the relationship each beneficiary has to the employee, using neutral terms such as partner or sibling.
8. Allocate the share of unpaid compensation to be paid to each beneficiary, ensuring that the total share for primary beneficiaries equals 100%.
9. If there are contingent beneficiaries, repeat the naming process and allocate shares here, again ensuring the total equals 100%.
10. Review the directive regarding the distribution of shares among surviving beneficiaries, clarifying your intentions if a beneficiary predeceases you.
11. Sign and date the form, using the date of execution as the month, day, and year of signing.
12. Submit the completed form to the Management Division, ensuring it is received before death for it to be valid. Save, download, or print a copy for personal records.

Complete your Designation of Beneficiary Form online today to ensure your preferences are accurately recorded.