Frequently Asked Questions
Can I change my beneficiary designation? How often may I change my beneficiary?
|Can I change my beneficiary designation? How often may I change my beneficiary?|
Yes - you can change your beneficiary at any time and as often as you wish. However, to do so you MUST submit your request on a specific Choice of Beneficiary form. No other form of request will be accepted and no change in beneficiary will be effective until we receive the specified form.
You should periodically review your beneficiary designation(s) to make sure that we have a correct record of your beneficiaries according to your current wishes. You should also submit a new Choice of Beneficiary Form whenever you have a life-changing event such as marriage, divorce, birth of child, or death of a named beneficiary, which may also change your wishes as to whom is eligible to receive benefits in the event of your death prior to retirement.