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BENEFICIARY DESIGNATIONYour group savings and retirement plan beneficiary designation allows you to identify who you want to receive your death benefits, except where the law requires the payment
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The group savings account is a shared account where multiple individuals contribute funds for a common savings goal.
Any member or representative of the group who manages or has access to the group savings account may be required to file the group savings and.
To fill out the group savings and, you will need to gather information on the contributions made by each member, any withdrawals or transfers, and the total balance of the account.
The purpose of the group savings account is to allow individuals to pool their resources and save towards a common goal, such as a vacation, home purchase, or other shared expense.
The group savings and must report the contributions made by each member, any changes in the account balance, and details of any withdrawals or transfers.
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