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DEFERRED COMPENSATION BENEFICIARY CHANGE FORM Participant Information (please print) Employer Name Social Security Number State First Name Last Name MI Street Address City State (Area Code) Home Phone
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What is deferred compensation beneficiary change?
Deferred compensation beneficiary change refers to updating or modifying the designated recipients of a deferred compensation plan in case of the account holder's death or any other qualifying event.
Who is required to file deferred compensation beneficiary change?
The account holder or plan participant is usually the one who is required to file a deferred compensation beneficiary change form.
How to fill out deferred compensation beneficiary change?
To fill out a deferred compensation beneficiary change form, the account holder typically needs to provide certain personal information, such as their name, address, social security number, and the new beneficiary information.
What is the purpose of deferred compensation beneficiary change?
The purpose of a deferred compensation beneficiary change is to ensure that the account holder's assets are distributed according to their wishes in the event of their death or another qualifying event, and to provide financial security for their designated beneficiaries.
What information must be reported on deferred compensation beneficiary change?
The information that must be reported on a deferred compensation beneficiary change form typically includes the account holder's personal information, the current beneficiaries, and the new beneficiaries, along with their contact details.
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