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Get the free Outstanding Wages Beneficiary Designation Form - hr okstate

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This document allows Oklahoma State University employees to designate beneficiaries for the receipt of their final paycheck in the event of their death while employed by the university.
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How to fill out outstanding wages beneficiary designation

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How to fill out Outstanding Wages Beneficiary Designation Form

01
Obtain the Outstanding Wages Beneficiary Designation Form from the appropriate authority.
02
Fill in your personal information at the top of the form, including your full name, address, and contact details.
03
Provide details of the outstanding wages owed, including the dates and amounts.
04
Designate your beneficiary by entering their full name, relationship to you, and contact information.
05
Sign and date the form to validate your designation.
06
Submit the completed form to the designated office or authority as instructed.

Who needs Outstanding Wages Beneficiary Designation Form?

01
Employees who have outstanding wages that are owed to them after leaving a job or company.
02
Beneficiaries who need to be designated to receive outstanding wages in the event of the employee's death or other circumstances.
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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.
Sample: Martha Doe, wife, or, in the event of her death, Richard Doe, cousin, or in the event of his death, Jane Doe, niece. 6.) One Beneficiary Followed by Two Beneficiaries in Equal Shares – Sample: Martha Doe, wife, or, in the event of her death, Jane Doe and Mary Doe, cousins, in equal shares, or their survivors.
2.) Two Beneficiaries in Equal Shares – Sample: Jane Doe and Mary Doe, cousins, in equal shares, or their survivors. 3.) Three or More Beneficiaries in Equal Shares – Sample: Jane Doe, Mary Doe, and Richard Doe, cousins, in equal shares, or their survivors.
The person you want to receive the payout from your policy — your first choice — is called the “primary beneficiary.” If that person is your only beneficiary, you will also want to designate a secondary beneficiary (also known as a “contingent” beneficiary).
Examples of Beneficiaries 5 If not, the choices are as follows. An eligible designated beneficiary is a spouse, the minor child of the account owner, someone less than 10 years younger than the account owner (e.g., a family member or friend), or someone who is chronically ill or disabled.
Simply put, a beneficiary designation is the act of naming someone to receive money, property, investments, or any other specific “benefit” (hence, “beneficiary”… get it?) There are many types of beneficiary designations a person can make.
Provide the following information on the beneficiary designation: The full name of the trust as it shows on the trust document. The date the trust was created. The name of the trustee, followed by the word “trustee”, or if you cannot provide a trustee, ETF may accept another contact person. The trustee's address.
You'll need to provide specific details about the beneficiary, such as the beneficiary's name, date of birth, country of citizenship, relationship to account holder and either the beneficiary's Social Security number (SSN)/tax identification number (TIN) or complete address.

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The Outstanding Wages Beneficiary Designation Form is a document used to designate a beneficiary for unpaid wages that may be owed to an employee after their death.
The form is typically required to be filed by employees or their designated representatives who wish to establish or update a beneficiary for any outstanding wages.
To fill out the form, individuals must provide their personal information, the name of the designated beneficiary, and any relevant contact details. It's important to follow the guidelines provided in the form instructions.
The purpose of the form is to ensure that any unpaid wages owed to an employee are distributed according to their wishes after their death, thereby avoiding any potential disputes among heirs.
The form must include the employee's name, social security number, details of the designated beneficiary (including name, relationship, and contact information), and the employee's signature.
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