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Beneficiary Designation Governmental 457(b) Plan GMA 457B CITY OF COOLER DCP101323101For My Information For questions regarding this form, visit the Website at www.mlr.metlife.com or contact Service
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How to fill out beneficiary designation governmental 457b

01
Obtain the beneficiary designation form from your employer or plan administrator.
02
Provide your personal information, including your name, date of birth, and Social Security number.
03
Provide the personal information of your primary beneficiary, including their name, relationship to you, and their Social Security number.
04
If desired, provide the personal information of a contingent beneficiary, who would receive the funds if the primary beneficiary is deceased.
05
Indicate the percentage or specific amount you want each beneficiary to receive.
06
Sign and date the beneficiary designation form.
07
Submit the completed form to your employer or plan administrator.
08
Review your beneficiary designation periodically and update it if necessary due to life changes such as marriage, divorce, or the birth of a child.

Who needs beneficiary designation governmental 457b?

01
Employees who participate in a governmental 457b plan and want to designate who will receive their account balance upon their death.
02
Individuals who want to ensure their assets are passed on to their chosen beneficiaries and bypass the probate process.
03
Employees who have dependents or loved ones who rely on their income and want to provide financial security for them in the event of their death.
04
Individuals who want to have control over who receives their retirement savings and prevent any potential disputes among family members.
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Beneficiary designation governmental 457b is a form where an individual designates who will receive their assets from their governmental 457b plan in the event of their death.
All participants in a governmental 457b plan are required to file beneficiary designation forms.
Participants can fill out beneficiary designation governmental 457b forms by providing the name, relationship, and percentage allocation of assets to each named beneficiary.
The purpose of beneficiary designation governmental 457b is to ensure that the assets in a participant's governmental 457b plan are distributed according to their wishes in the event of their death.
Participants must report the name, relationship, and percentage allocation of assets for each named beneficiary on beneficiary designation governmental 457b forms.
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