Beneficiary Designation Form

Beneficiary Designation Form
Retirement Plan
See instructions before completing form.
Reset Form
1. PARTICIPANT INFORMATION
Participant name: __________________________________________________________________ Social Security number: __________________________________________
Birth date: ______/ ______/ ______ Marital status:
Married
Single
Home address: ________________________________________________________________________________________________________________________
City: __________________________________________________________________________ State: ______________ ZIP Code:______________________________
Daytime telephone: ( __________) ______________________________ E-mail address:____________________________________________________________
Spouse name: __________________________________________________________________Spouse Social Security number: __________________________
Spouse birth date: ______/ ______/ ______
2. APPLICABLE PLANS
This beneficiary designation applies to the retirement plans and/or benefits maintained by GuideStone listed below in which I am a participant:
(Please check one.)
All retirement plans and benefits
Only _______________________________________________________________ Plan/account
Only the following benefit payment(s) I am receiving ________________________________________________________________________________
__________________________________________________________________________________________________________________________________
__________________________________________________________________________________________________________________________________
I designate the following persons as my beneficiaries to receive benefits payable from the plans listed above in the event of my death except for
such benefits, if any, which are payable according to the terms of the applicable plan rather than under this beneficiary designation. The benefit
will be paid to my primary beneficiaries living at my death and in equal shares to each unless otherwise indicated. If no primary beneficiary is
living at my death, the benefit will be paid to my secondary beneficiaries living at my death and in equal shares to each unless otherwise indicated. If no primary or secondary beneficiary survives me, payment will be made according to the terms of the plans. For the plans listed above, all
prior beneficiary designations, if any, are revoked.
3. PRIMARY BENEFICIARY(IES)
For each primary beneficiary, complete the information below. The percent designated must total 100%. Corrections to a beneficiary’s name will
void the designation.
Relationship
Birth date Social Security number
% Designated
Name:______________________________________________________________________________________________________________________________________________________________________________________________
Name:______________________________________________________________________________________________________________________________________________________________________________________________
Name:______________________________________________________________________________________________________________________________________________________________________________________________
100% total
4. SECONDARY BENEFICIARY(IES)
Applicable only if there are no primary beneficiary(ies) living at participant’s death. For each secondary beneficiary, please complete the information below. The percent designated must total 100%. Corrections to a beneficiary’s name will void the designation.
Relationship
Birth date Social Security number
% Designated
Name:______________________________________________________________________________________________________________________________________________________________________________________________
Name:______________________________________________________________________________________________________________________________________________________________________________________________
Name:______________________________________________________________________________________________________________________________________________________________________________________________
100% total
Continued on other side
8907
Rev. 8/05 8392
Code 39 General
5. SPOUSAL CONSENT
I, the spouse of the participant, consent to the beneficiary designation made in Section 3 and Section 4 of the previous page by the participant. I
understand the beneficiary designation causes benefits payable from the plan(s) upon the death of the participant to be paid to the named beneficiary rather than to me or in addition to me, that such beneficiary designation is invalid without my consent, and that I may not revoke this consent.
Spouse signature : _________________________________________________________________________________________
Acknowledged before me this _________________ day of __________________ (month), __________________ (year)
Notary Public: _______________________________ State: _________ My commission expires: _______/_______/_______
6. PARTICIPANT SIGNATURE
Participant signature: ________________________________________________________________________________________________________________________ Date: ____/ ____/ ____
FOR GUIDESTONE USE ONLY
Processed by:______________________________________________________________________________________________________________________________________________________________________________________Date: ____/ ____/ ____
Section 4 — Secondary beneficiary(ies): Complete the secondary beneficiary section to designate persons to receive benefits in the event none of
your primary beneficiaries are living at the time of your death. For each beneficiary, list the name, birth date, social security number, and percent
designated (to total 100%) if not equal shares. For minors and trusts, see instructions for Section 3, above.
Section 5 — Spousal consent: You may be a participant in a plan which requires notarized spousal consent if you name someone other than your
spouse as primary beneficiary or if you name someone in addition to your spouse as primary beneficiary. In this case, this section must be signed
by your spouse and the spouse’s signature notarized.
Section 6 — Participant signature: You must sign and date the Beneficiary Designation Form.
Instructions for Completing the Beneficiary Designation Form
Retirement Plan
Not for Life Insurance Benefits
Use of form
• Plan provisions: To designate a beneficiary(ies), or if you divorce after naming your spouse as beneficiary, or if you want to revoke a prior beneficiary designation, please complete this form according to the instructions. If there is no valid beneficiary designation at your death, the plan
will determine your beneficiary.
• Life insurance benefits: Do not use this form to designate the beneficiary of life insurance benefits. Please contact GuideStone to obtain the
applicable life insurance beneficiary designation form.
General instructions for completing the form
• This form must be typed or completed in ink. If you make any changes to your written information, you must initial the changes. Corrections of
a beneficiary’s name in Section 3 or Section 4 will void this form. Your form will be returned if it is incomplete, is completed in pencil or contains
changes which are not initialed.
• Spousal consent: Most retirement plans require notarized spousal consent to name someone other than or in addition to your spouse as primary beneficiary. If you participate in multiple plans and any plan requires spousal consent as described in the previous sentence, you must
obtain notarized spousal consent. If you marry after making a beneficiary designation, your prior beneficiary designation may no longer be
valid and your new spouse may automatically be your sole primary beneficiary.
• Additional beneficiaries: If you need additional space for designating beneficiaries, write “See Attached” in space for beneficiary designation
and attach a separate page titled “Attachment to Beneficiary Designation Form.”
• Copy: Please retain a copy of your completed form for your files.
• Effective date: A beneficiary designation is effective only when the completed form is filed with GuideStone. GuideStone shall consider a form
as “filed” if a completed form is received by GuideStone during the participant’s lifetime.
• Return completed form to: Retirement Operations, GuideStone Financial Resources of the Southern Baptist Convention, 2401 Cedar Springs
Road, Dallas, TX 75201-1498.
Instructions for completing each section of the form
Section 1 — Participant information: List the full legal name of participant and spouse (if applicable) and other information as indicated.
Important: If your marital status has changed and/or information you previously provided to GuideStone is no longer correct, please attach copies
of the appropriate document(s) to verify the change (i.e., marriage certificate, death certificate, divorce decree).
Section 2 — Applicable plans: Check the box beside all retirement plans or specify the plan or benefit affected by this beneficiary designation. Do
not check more than one box.
• If you want this beneficiary designation to apply to all retirement plans and benefits, check the first box only.
• If you want this beneficiary designation to apply only to a specific plan or account, check the second box and indicate the name of the
plan/account.
• If you wish to designate beneficiaries for a specific benefit payment, check the third box and specify the applicable payments. If you change
your beneficiary designation for a specific plan or benefit, your prior designation will apply to other plans or benefits not affected by the designation on this form. If you need another Beneficiary Designation Form, please contact GuideStone.
Section 3 — Primary beneficiary(ies): List for each primary beneficiary the name, birth date, Social Security number, and percent designated (to
total 100%) if not equal shares. Secondary beneficiary(ies) are designated in Section 4. Generally, if no primary beneficiary named is living at your
death, benefits will be paid to the secondary beneficiary(ies).
Note: In some cases, certain plan benefits are paid to persons specified by provisions of the plan rather than according to your beneficiary designation.
Minors: GuideStone cannot pay a death benefit directly to a minor. If you designate a minor as beneficiary, generally a probate court would have
to appoint a guardian to receive and administer the death benefits for the minor. Do not write the name of a guardian on this form. You may
prefer to provide for a minor by naming a trust established in your will (a “testamentary trust”) as your beneficiary.
Trusts: Use of a trust as a beneficiary may have some unexpected consequences at your death. Unless your trust meets certain qualifications, your
trust will not be considered a designated beneficiary for purposes of required minimum distributions. This means that payment options available to
your trust may be limited. The person creating your trust should be able to provide you with information concerning whether your trust meets the
qualifications to be considered a designated beneficiary for required minimum distributions.
Employer or non-profit organizations: A participant may designate a current or former employer as beneficiary but must designate a specific fund
of the employer, such as an endowment or building fund. A participant may designate a non-profit organization as beneficiary. You must provide
the full legal name and address of the employer or non-profit organization.
Estate: A participant may designate the participant’s estate as beneficiary. The wording for designating a participant’s estate is “my estate” or “the
estate of (participant’s name).”