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Paul Hastings LLP Defined Contribution Retirement Plan (401k) Beneficiary Designation Form Print Name: Job Title: Social Security Number: (Optional) I understand that benefits are paid out in a lump

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What is beneficiary designation form?

Beneficiary designation form is a legal document that allows an individual to specify who will receive their assets, such as life insurance proceeds or retirement account funds, upon their death.

Who is required to file beneficiary designation form?

Any individual who has assets that will be distributed upon their death can file a beneficiary designation form.

How to fill out beneficiary designation form?

Individuals can fill out a beneficiary designation form by providing their personal information, the name of the beneficiary, and the percentage of assets to be distributed to each beneficiary.

What is the purpose of beneficiary designation form?

The purpose of beneficiary designation form is to ensure that assets are distributed according to the individual's wishes upon their death.

What information must be reported on beneficiary designation form?

Beneficiary designation form must include the individual's personal information, the name and contact information of the beneficiary, and the percentage of assets to be distributed.

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