Navigation:  Deposit Screens > Retirement Screen Group > Retirement Plan Screen > Beneficiaries tab

Use this tab to view and edit information about beneficiaries listed on the customer retirement plan.

 

Only primary beneficiaries should be entered on this screen. Contingent beneficiaries should only be added to a plan through this screen if all primary beneficiaries are deceased. Only beneficiaries who benefit from a percentage of the retirement plan should be entered here.

 

The list view at the top of this tab displays information about all beneficiaries listed on the customer retirement plan. This list view displays a beneficiary's Sequence Number, Name, Birth Date, status of Spousal relationship to the account owner, payment distribution Option, the Original Percent initially available to the beneficiary upon the account owner's death, and the Current Percent available to the beneficiary following the account owner's death. Select a beneficiary in this list view to populate the fields on this screen with that beneficiary's information. The beneficiary's information can then be edited. Add a beneficiary to this list view by clicking <Create New> and filling out information in the Beneficiary Detail field group. All beneficiaries (and their addresses, if different than the plan owner's address) must be set up in CIF as members of the plan owner's household before they can be designated as beneficiaries on this screen.

 

 

 

The field groups on this tab are as follows:

 

Beneficiary Detail field group

 

Total Percentages field group