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V CHANGING YOUR BENEFICIARY OR BENEFIT OPTION Revised January 2014 Contents Changes Under the ERA Benefit Structure..................1 Changes Under the DPS Benefit Structure..................6 How
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What is changing your cobeneficary?
Changing your cobeneficiary involves updating the designated beneficiary of a specific account or asset.
Who is required to file changing your cobeneficary?
The account holder or asset owner is typically required to file changing your cobeneficiary form.
How to fill out changing your cobeneficary?
To fill out changing your cobeneficiary form, you need to provide details of the current beneficiary and the new beneficiary you want to designate.
What is the purpose of changing your cobeneficary?
The purpose of changing your cobeneficiary is to ensure that the correct individual receives the assets or benefits associated with the account or asset.
What information must be reported on changing your cobeneficary?
You must report the full name, date of birth, contact information, and relationship to the account holder or asset owner for both the current and new beneficiaries.
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