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Beneficiary Designation Purpose of the Form Use this form to designate beneficiaries to receive your PERSIA Base Plan and Choice 401(k) Plan death benefits. Note: For purposes of your death benefits,
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Start by opening the designation of beneficiary form.
02
Read the instructions provided on the form carefully.
03
Fill in your personal information such as your name, address, and contact details.
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Provide the details of the beneficiary including their name, relationship to you, and contact information.
05
Specify the percentage or share of the assets you want to allocate to each beneficiary.
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If there are multiple beneficiaries, make sure to clearly indicate how the assets should be distributed among them.
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Review the form to ensure all the information is accurate and complete.
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Sign and date the form.
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Submit the completed form to the appropriate authority or organization.

Who needs designation of beneficiary with?

01
Anyone who wants to ensure that their assets or insurance benefits are properly distributed to their chosen beneficiaries.
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Individuals who have financial investments or ownership of property and want to designate specific individuals to inherit or receive those assets.
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People with life insurance policies who want to name their beneficiaries to receive the policy proceeds upon their death.
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Designation of beneficiary with refers to the official form or document that specifies who will receive certain benefits or assets in the event of the beneficiary's death.
The person who owns the assets or benefits and wishes to specify who will receive them upon their death is required to file a designation of beneficiary form with the appropriate institution or authority.
To fill out a designation of beneficiary form, the individual must provide their personal information, specify the beneficiaries, their relationship to them, and the percentage of benefits each beneficiary will receive.
The purpose of designation of beneficiary is to ensure that the assets or benefits are distributed according to the individual's wishes and to avoid any disputes or confusion among potential beneficiaries.
The designation of beneficiary form must include the individual's personal information, details of the beneficiaries, their relationship to the individual, and the percentage of benefits each will receive.
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