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January 28, 2010Successor Annuitant vs. Beneficiary Designation Summary of differences This article outlines the implications of naming your spouse as the successor annuitant of your RIF vs. naming
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Successor annuitant VS refers to the person who becomes the annuitant after the original annuitant passes away.
The beneficiary or the executor of the deceased annuitant's estate is required to file the successor annuitant VS.
To fill out successor annuitant VS, you will need to provide information about the new annuitant, details of the annuity policy, and any relevant documents.
The purpose of successor annuitant VS is to ensure that the annuity payments continue to the new annuitant after the original annuitant's death.
The successor annuitant VS must include details of the new annuitant, the annuity policy number, and the date of the original annuitant's death.
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