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2022	4.4 Satisfied (32 Votes)
2012	4.6 Satisfied (107 Votes)
2006	4 Satisfied (25 Votes)
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What is the purpose of the beneficiary designation?

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.

Where do I send my sf3102?

Properly completed designations for CSRS employees and retirees are not valid unless the Office of Personnel Management (OPM) receives the form before the death of the designator. Mail both the completed Original and Employee copies of the SF 3102 to OPM, P.O. Box 45, Boyers, PA 16017.

What is beneficiary for unpaid pay allowances?

The Designation of Beneficiary for Unpaid Compensation form ensures that any unpaid compensation (e.g., living allowance, stipend or travel reimbursement) is paid to your designee[s] in the event of your death during your VISTA service. This benefit is at no cost to you and is a legal requirement.

What is SF 1152 used for?

The SF 1152 is used by a civilian employee to designate the beneficiary or beneficiaries to receive any unpaid compensation due and payable after the employees death. The form relates solely to money due as defined in 5 U.S.C.

How do I fill out a beneficiary designation form?

Write the names of the main individual(s), entity (such as a charity, business, religious organization, funeral home, etc.), trust, or estate. You may name more than one. All secondary beneficiaries listed will receive EQUAL SHARES (equal amounts) of your benefit if ALL of the primary beneficiaries are deceased.

Does beneficiary designation override a trust?

When it comes time for the insurance company to pay death benefits, it doesnt matter what your will says, what your spouse says, or what your trustee says. It doesnt matter because the beneficiary designation on a life insurance policy, IRA or 401(k) account trumps them all.

What is an SF 3100 form?

SF 3100. Individual Retirement Record (FERS) SF 3101. Notice of Correction of Individual Retirement Record.

What is sf3102 used for?

Standard Form 3102, CSRS/FERS Designation of Beneficiary, is used by an employee or annuitant covered under the Civil Service Retirement System or the Federal Employees Retirement System to designate a beneficiary to receive any lump sum due in the event of his/her death.

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