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. Click Add on the IRA Beneficiaries (Change) screen.

6. Input the beneficiary's 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 Dist % 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.