Meaning Beneficiary Designation Form
This beneficiary designation applies to all the tiaa cref annuity contracts i currently have that are refer enced by contract type on the cover page of this form.
Meaning beneficiary designation form. What is shorthand of beneficiary designation form. What is bdf abbreviation. 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. One of the definitions of bdf is beneficiary designation form. Use this form if you want to.
Beneficiary designation means the naming in a governing instrument of a beneficiary of an insurance or annuity policy of an account with pod designation of a security registered in beneficiary form tod of a pension profit sharing retirement or similar benefit plan or of another nonprobate transfer at death. What does bdf mean. 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.
This beneficiary designation applies only to my tiaa cref annuity contract and or certificate numbers indicated below. 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. Bdf as abbreviation means beneficiary designation form.
The most common shorthand of beneficiary. To designate a beneficiary complete the beneficiary designation form and return it to the benefits office. 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.
The meaning of bdf abbreviation is beneficiary designation form.