Meaning Beneficiary Designation Form

A participant shall have the right to change a beneficiary by completing signing and otherwise complying with the terms of the beneficiary designation form and the committee s rules and procedures as in effect from time to time.

Meaning beneficiary designation form. What is shorthand of beneficiary designation form. To designate a beneficiary complete the beneficiary designation form and return it to the benefits office. Beneficiary or beneficiaries means a person or persons or other entity designated on a beneficiary designation form by a participant as allowed in this plan to receive deferred benefit payments if there is no valid designation by the participant or if the designated beneficiary or beneficiaries fail to survive the participant or otherwise fail to take the benefit the participant s.

If you select this box do not list any numbers below or b. What is bdf abbreviation. Use this form if you want to.

What does bdf mean. There are many insurance policies and retirement plans that help you choose the beneficiaries who will be able to get the benefits of your assets after your demise. Bdf as abbreviation means beneficiary designation form.

Beneficiary designation form is used when you want to designate the people who will inherit the assets. Add a primary or contingent beneficiary to your account change an existing primary or contingent beneficiary if you do not complete sign including spouse signature if applicable and submit this form to the plan administrator you will not have a valid beneficiary designation. This beneficiary designation applies only to my tiaa cref annuity contract and or certificate numbers indicated below.

The most common shorthand of beneficiary. The meaning of bdf abbreviation is beneficiary designation form. Staff members are reminded that changes in their p 2 form designation change or revocation of beneficiary may be made at any time and that only the most recent properly executed form for the designation of beneficiary or beneficiaries is recognized for the payment of benefits in the case of the demise of a staff member.

Beneficiary ies means a the person or persons natural or otherwise so designated in writing by the employee in a form provided for this purpose and filed with the administrator and in the event that more than one person is so designated benefits shall be allocated equally among such persons unless another allocation method acceptable to the administrator is specified in such designation.