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BENEFICIARY DESIGNATION GOVERNMENTAL 457(b) PLAN Louisiana Public Employees Deferred Comp. Plan 98228-01 Participant Information Last Name First Name MI E-Mail Address Married Social Security Number

How to fill out beneficiary designation governmental 457b

How to fill out beneficiary designation governmental 457b:

1. Obtain the beneficiary designation form from your employer or the administrator of your governmental 457b plan.
2. Fill in your personal information such as your name, address, Social Security number, and date of birth.
3. Identify the primary beneficiary by providing their name, relationship to you, and their contact information.
4. If you want to designate multiple primary beneficiaries, specify the percentage or share of the account that each beneficiary will receive.
5. Specify any contingent beneficiaries who will receive the funds if the primary beneficiary predeceases you. Provide their names, relationships, and contact information.
6. Consider adding primary and contingent beneficiaries for any remaining share of the account, if desired.
7. Review the beneficiary designation form carefully to ensure accurate and complete information.
8. Sign and date the form, and submit it according to the instructions provided by your employer or plan administrator.

Who needs beneficiary designation governmental 457b:

1. Employees who participate in a governmental 457b plan.
2. Individuals who wish to designate who will receive the funds from their governmental 457b account in the event of their death.
3. Those who want to ensure that their retirement savings are distributed according to their wishes and to provide financial protection for their loved ones.

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What is beneficiary designation governmental 457b?

A beneficiary designation governmental 457b is a form that allows individuals with a governmental 457b plan to designate who will receive their account balance upon their death.

Who is required to file beneficiary designation governmental 457b?

All participants in a governmental 457b plan are required to file a beneficiary designation form.

How to fill out beneficiary designation governmental 457b?

To fill out a beneficiary designation governmental 457b form, you need to provide your personal information and the information of your designated beneficiary, such as their name, relationship to you, and their contact information.

What is the purpose of beneficiary designation governmental 457b?

The purpose of a beneficiary designation governmental 457b is to ensure that your account balance is transferred to the person or persons you choose upon your death.

What information must be reported on beneficiary designation governmental 457b?

The beneficiary designation governmental 457b form typically requires you to report your personal information (name, address, SSN) and the personal information of your designated beneficiary (name, relationship, contact information).