I am working with my estate planning attorney to set up my will/trusts and have filled out the designated beneficiary form for my self-directed Solo 401k.
- Where do I keep the Solo 401k beneficiary election form? Do I send you a copy or do I just keep it with my trust and will documents?
- My step-daughter who is one of the beneficiaries is not a US citizen and does not have a US SSN? Does she need one in order to receive the assets of the trust after I die?
- Please be sure to safeguard a copy with your other estate documents and provide a copy to your estate planning advisor as well as provide us a copy for our records.
- You can certainly name a non-US citizen without an SSN as your beneficiary.
Learn More about the importance of completing the Beneficiary Designation Form for your Solo 401k.