Add IRA Beneficiary

These steps explain how to add an IRA beneficiary.

1. Launch Tool #897 Update IRA Beneficiary Information.

2. Input the member's account number in the IRA Beneficiary Information Update pop-up.

3. Select the IRA plan type from the drop-down menu.

4. Click the forward arrow.

5. Select Add on the IRA Beneficiaries (Change) screen.

6. Input the Beneficiary SSN/TIN on the IRA Beneficiary Information pop-up.

7. For the Beneficiary type, select either Primary or Secondary.

8. Check the Beneficiary is spouse of primary member box if applicable.

9. Click Save/Update.

   • If the beneficiary is a non-member, you will be directed to the Non-Member Information screen to enter the non-member's information.

10. On the IRA Beneficiaries screen, enter a distribution percentage in the Distribution % field for the newly selected beneficiary.

    • The distribution percentage must equal 100% for all primary beneficiaries (and 100% for all secondary beneficiaries if applicable).

11. Click Save/Update.

Learn More

	View a list of IRA/HSA transaction codes and their corresponding descriptions.
	Get detailed information about IRA processing.