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Designation of beneficiary form

Designation of Beneficiary This Designatiom of Beneficiary Form is used to designate who is to recei 2025

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The document is the Standard Form 3102, used for designating beneficiaries under the Civil Service Retirement System (CSRS) and the Federal Employee Retirement System (FERS). It outlines the process for individuals to name beneficiaries who will receive lump-sum benefits upon their death, including instructions on how to complete the form, the importance of submitting it before death, and details about changing or canceling previous designations. The form also includes privacy information and public burden statements.

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Versions	Form popularity	Fillable & printable
2022	4.4 Satisfied (32 Votes)
2012	4.6 Satisfied (107 Votes)
2006	4 Satisfied (25 Votes)
1993	4.3 Satisfied (124 Votes)

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Who is an example of a designated beneficiary?

Designated beneficiaries can include a survivor who has not been named as a successor holder, former spouses or common-law partners, children, a designated subsequent survivor holder who is the new spouse or common-law partner of the successor holder, and qualified donees.

What is an example of a designated beneficiary?

A beneficiary designation is the act of naming the person who will inherit an asset in the event of the account owners passing. Some common examples include life insurance policies and retirement accounts. When the account owner passes away, their assets are then transferred to the beneficiary that they designated.

What is the designation of beneficiary form?

A designation of beneficiary form outlines your desire to have the funds due upon your death paid out in a particular way.

What happens if you dont designate a beneficiary?

A lot of people name a close relativelike a spouse, brother or sister, or childas a beneficiary. You can also choose a more distant relative or a friend. If you want to designate a friend as your beneficiary, be sure to check with your insurance company or directly with your state.