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Beneficiary Designation Purpose of the Form Use this form to designate beneficiaries to receive your PERSIA Base Plan and Choice 401(k) Plan death benefits. Instructions Read About Form RS115, attached.
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How to fill out beneficiary designation - portalcanyoncoorg
How to fill out beneficiary designation - portalcanyoncoorg
01
Retrieve a beneficiary designation form from the website of portalcanyoncoorg.
02
Read the instructions carefully before filling out the form.
03
Provide your personal information such as name, address, and contact details in the designated fields.
04
Identify the beneficiary by providing their full name, relationship to you, and their contact information.
05
Indicate the percentage or specific amount you want to assign to the beneficiary.
06
If you have multiple beneficiaries, ensure the total allocation adds up to 100%.
07
Review the completed form for any errors or omissions.
08
Sign and date the form as required.
09
Submit the beneficiary designation form to the designated authority, as mentioned in the instructions. It could be an organization or financial institution.
10
Keep a copy of the filled form for your records.
Who needs beneficiary designation - portalcanyoncoorg?
01
Anyone who wishes to designate a specific person or organization to receive their assets or benefits upon their passing.
02
Individuals with life insurance policies, retirement plans, investment accounts, or any other assets with beneficiary designations.
03
People who want to ensure their assets are distributed according to their wishes and bypass the probate process.
04
Anyone who wants to have control over who receives their assets and avoid potential conflicts among family members.
05
Those who want to update their existing beneficiary designations due to life changes such as marriage, divorce, or the birth of a child.
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