The Hartford Beneficiary Designation Form 2025

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This Designation of Beneficiary form is used to designate who is to receive a lump-sum payment which may become payable after your death. It does not affect the right of any person who is eligible for survivor annuity benefits.
How to name a beneficiary on your life insurance policy Fill out the beneficiary designation form supplied by your insurance provider. Set your beneficiary designations directly through an online portal on your providers website. Call your provider and designate your beneficiaries over the phone.
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.
If you are not married or are divorced (and not remarried), you can choose to name an adult child, a sibling, a partner, family member or a friend. If you are married, you may need your spouses consent if you intend to name someone other than your spouse as a beneficiary for a retirement account. Why naming beneficiaries is an essential part of estate planning Ameriprise Financial designation-of-beneficiary Ameriprise Financial designation-of-beneficiary
: a person or entity (as a charity or estate) that receives a benefit from something (as a will or other instrument or legal agreement): as. a. : the person or entity named or otherwise entitled to receive the principal or income or both from a trust compare settlor, trustee. contingent beneficiary. Beneficiary Definition Meaning - Merriam-Webster Merriam-Webster dictionary benefic Merriam-Webster dictionary benefic
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Name only living persons as beneficiaries, unless you are naming a trust, your estate or an organization. Do not name the same person or organization as both a primary and secondary beneficiary. Do not use the word or when designating multiple beneficiaries. Do not impose any conditions on payment.
For example, if you name your three cousins as your primary beneficiaries, you can name the children of each cousin as alternate primary beneficiaries. Then, if one cousin dies before you do, their share will be divided between their children who are named as alternate primary beneficiaries. How To Fill Out Beneficiary Designation - Alternate (ET-2321) Wisconsin Department of Employee Trust Funds - Wisconsin.gov resource how-fill-out-beneficiary-d Wisconsin Department of Employee Trust Funds - Wisconsin.gov resource how-fill-out-beneficiary-d
Who Is a Designated Beneficiary? A designated beneficiary is a person who has been named to inherit an asset, such as the balance of an individual retirement account (IRA), annuity, or life insurance policy after the death of the assets owner. It is also known as a named beneficiary. Who Can Be a Designated Beneficiary? - Investopedia Investopedia Retirement Planning Investopedia Retirement Planning
10 tips about beneficiary designations Remember to name beneficiaries. Name both primary and contingent beneficiaries. Update for life events. Read the instructions. Coordinate with your will and trust. Think twice before naming individual beneficiaries for particular assets. Avoid naming your estate as beneficiary.
Most beneficiary designations will require you to provide a persons full legal name and their relationship to you (spouse, child, mother, etc.). Some beneficiary designations also include information like mailing address, email, phone number, date of birth and Social Security number.

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