401k Beneficiary

[4ever mine 9]

Please advise if I can elect to have my non-resident spouse as the primary beneficiary for my 401K? My employer does not know and refused to list him as my beneficiary for my life insurance i have through work because he does not reside in the US and does not have a SS#?

Than you.

[Deputy Purple 1,294]

There is nothing barring it aside from your employer. I added my wife as beneficiary before I even filed the I-130 petition.

[4ever mine 9]

There is nothing barring it aside from your employer. I added my wife as beneficiary before I even filed the I-130 petition.

Thank you. On my enrollment form, should i put his foreign address or my US address?

[Deputy Purple 1,294]

Thank you. On my enrollment form, should i put his foreign address or my US address?

I just used my US address.

[Gugusitolindo 32]

HI, I am an HR administrator- and this info is what I use for parameters in the 401k plan. I only copied the beneficiary

info, but you can access the link. It is an IRS website. You just need identifying information for the beneficiary, not a Social.

Beneficiary Designation Form

Description: The beneficiary form designates who will receive benefits if the participant dies before receiving all of his/her benefits. If the participant is married or was married after becoming a participant, there are special rules regarding the benefits that must be paid to the participant’s spouse. If the participant fails to complete this form and dies, the plan will pay benefits as described in the plan document. This may not be in accordance with the participant’s wishes.

What It Should Contain: The beneficiary designation form should contain sufficient information for the participant to successfully name a beneficiary. The form might include:

information identifying the participant (such as name, plan identification number or employee number); the participant’s spouse (such as name, address); and the beneficiary or beneficiaries (such as name, address, relationship to the participant); and

a line for the participant to sign and date as well as a line for the spouse to sign and date if the spouse is designated by the plan to be the participant’s beneficiary and the participant would like to choose someone else to be the beneficiary.

Timing: Employees should receive a beneficiary designation form when they become a plan participant. Generally, the participant may change the beneficiary by completing a new beneficiary designation form.

Who Is Responsible For Sending It: The administrator of the plan.

http://www.irs.gov/retirement/article/0,,id=135633,00.html

[4ever mine 9]

HI, I am an HR administrator- and this info is what I use for parameters in the 401k plan. I only copied the beneficiary

info, but you can access the link. It is an IRS website. You just need identifying information for the beneficiary, not a Social.

Beneficiary Designation Form

Description: The beneficiary form designates who will receive benefits if the participant dies before receiving all of his/her benefits. If the participant is married or was married after becoming a participant, there are special rules regarding the benefits that must be paid to the participant's spouse. If the participant fails to complete this form and dies, the plan will pay benefits as described in the plan document. This may not be in accordance with the participant's wishes.

What It Should Contain: The beneficiary designation form should contain sufficient information for the participant to successfully name a beneficiary. The form might include:

information identifying the participant (such as name, plan identification number or employee number); the participant's spouse (such as name, address); and the beneficiary or beneficiaries (such as name, address, relationship to the participant); and

a line for the participant to sign and date as well as a line for the spouse to sign and date if the spouse is designated by the plan to be the participant's beneficiary and the participant would like to choose someone else to be the beneficiary.

Timing: Employees should receive a beneficiary designation form when they become a plan participant. Generally, the participant may change the beneficiary by completing a new beneficiary designation form.

Who Is Responsible For Sending It: The administrator of the plan.

http://www.irs.gov/r...=135633,00.html

I am not a current participant. This will be my intial enrollment, so I was married before I was a participant. Theyare giving me a hard time because he is not here. I do not understand why?