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NG7 Mississippi Affordable College Savings MACS Direct Program Account Application for an Individual Account Use this form to open a Program Account by an Individual Questions? Call toll-free 1-800-486-3670
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What is contingent account owner optional?
The contingent account owner optional refers to the option to designate a secondary or backup account owner for a financial account.
Who is required to file contingent account owner optional?
The decision to designate a contingent account owner is optional and made by the primary account owner. Therefore, only the primary account owner is required to file contingent account owner optional.
How to fill out contingent account owner optional?
To fill out contingent account owner optional, the primary account owner must provide the required information of the chosen contingent account owner, such as their name, contact details, and relationship to the account owner.
What is the purpose of contingent account owner optional?
The purpose of contingent account owner optional is to ensure a smooth transition of account ownership in the event that the primary account owner becomes incapacitated or passes away.
What information must be reported on contingent account owner optional?
The information that must be reported on contingent account owner optional includes the name, contact details, and relationship of the chosen contingent account owner.
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