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Virus Investment Partners PO Box 9874 Providence RI 02940-8074 403(b) Custodial Account Beneficiary Designation Form For assistance, please contact us at 1-800-243-1574 or visit our website at Virtus.com
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An ing custodial account beneficiary is the person or entity designated to receive the assets held in a custodial account managed by ING.
The person or entity opening the ING custodial account is typically required to designate a beneficiary. Additionally, any changes or updates to the beneficiary designation may need to be filed by the account holder.
To fill out the ING custodial account beneficiary designation, you will typically need to provide the name, contact information, and relationship to the account holder of the designated beneficiary. The specific process may vary based on the requirements of ING and the type of custodial account.
The purpose of the ING custodial account beneficiary designation is to ensure that the assets held in the custodial account are distributed according to the wishes of the account holder in the event of their death or incapacitation.
The information typically reported on the ING custodial account beneficiary designation includes the beneficiary's full name, contact information, and their relationship to the account holder. Additionally, any specific instructions or conditions related to the distribution of assets may also need to be provided.
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