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How do I add/change beneficiary(ies) online?
How do I add/update beneficiary(ies) online?
PLEASE NOTE: When adding or updating beneficiaries, you will need to make changes to both your 457 and 401 plans. Use the Plan Selection drop-down (toward the top of the page within Account Access) to view/update beneficiaries for each.
- Log on to Account Access in the right sidebar of the site and navigate to Personal Information under the Manage My Account tab.
- Select Beneficiaries from the menu.
By default, your current beneficiary(ies) for the 457 plan will be listed. (To view your designation for the 401 plan, choose STATE OF MISSOURI 401 from the Plan Selection drop down menu.)
- Select a current beneficiary to update your designation, or click the Proceed button to add a new one.
- Choose the beneficiary type (Primary or Contingent) and enter the beneficiary's name, what percent of your assets you wish for them to receive, their SSN, relation to you and date of birth.
- Click the Proceed button.
- If you would like to add another beneficiary, DO NOT click the Submit button. Instead, click the Add New link in the gray bar beneath the name of your current beneficiary designation(s) and complete the beneficiary form. Repeat this step if you would like to designate additional beneficiaries.
Please Note: If you designate multiple beneficiaries, their combined percentages must add up to 100% using only whole numbers. For example, if you designate three contingent beneficiaries and would like them to receive equal amounts, you must designate 34% to one of the three beneficiaries to reach 100%.
- When you are finished designating your beneficiaries, click the Submit button.
- If you have an email address on file, you will receive an email confirming the beneficiary change request.
Remember, you must complete these steps for both the 457 and 401 plans.