Get the free beneficiary designation form - Voya Financial

Motorola Solutions 401(k) PlanPERSONAL INFORMATION (please print clearly using black or blue ink)BENEFICIARY DESIGNATION FORENAME: SOCIAL SECURITY NUMBER: ADDRESS: APT: CITY: STATE: ZIP CODE: DAY

How to fill out beneficiary designation form

How to fill out beneficiary designation form

1. Start by gathering all necessary information such as your personal details, including full name, date of birth, and contact information.
2. Read the instructions carefully and understand the purpose of the beneficiary designation form.
3. Identify the specific accounts or policies for which you want to designate beneficiaries.
4. Clearly write down the full name, relationship, and contact information of each beneficiary.
5. Specify the percentage or share of distribution for each beneficiary.
6. Review the form for accuracy and completeness before submitting it.
7. Sign and date the form as required and submit it through the designated channel or to the appropriate party.

Who needs beneficiary designation form?

1. Anyone who wants to ensure that their assets, accounts, or insurance policies are passed on to specific individuals or organizations after their death should consider filling out a beneficiary designation form.
2. This form is commonly used by individuals with life insurance policies, retirement accounts, investments, or any other asset that allows for beneficiary designation.
3. Designating beneficiaries ensures that your assets are distributed according to your wishes and can help avoid potential legal complications or disputes among family members.

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What is beneficiary designation form?

A beneficiary designation form is a legal document that allows an individual to specify who will receive their assets or benefits upon their death.

Who is required to file beneficiary designation form?

Beneficiary designation forms are typically required to be filed by individuals who have assets or benefits that will be distributed upon their death, such as retirement accounts or life insurance policies.

How to fill out beneficiary designation form?

To fill out a beneficiary designation form, an individual will need to provide their personal information, the information of the beneficiary, and details about the assets or benefits being designated.

What is the purpose of beneficiary designation form?

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

What information must be reported on beneficiary designation form?

The information required on a beneficiary designation form typically includes the individual's name, contact information, relationship to the beneficiary, and details about the assets or benefits being designated.