The beneficiary(ies) named on your beneficiary card will be the recipient(s) of your money — even if your will gives different instructions. To ensure you’ve named the right people and provided the necessary information, you should regularly perform a beneficiary review of your account(s).
Making sure your beneficiary designations are accurate and up to date can help make asset transfer a smooth and easy process for your loved ones, while ensuring distribution is completed as you intended. If you are going through life-changing events like divorce or health issues, please contact a Credit Union Representative to insure your beneficiary card is up to date.