Important: If married, CLICK HERE for instructions.
NOT Married use the below instructions.
Complete Pages 1 & 2 ONLY
- Complete Section 1:
- List Primary Beneficiary(ies) in Section 3 and check Option A.
- List secondary beneficiary (ies) who will inherit the account in the event of the primary beneficiary’s death.
- Check Option A; date the form and enter city and state; the trustee (you) sign where it reads “participant” and print your name. The witness is OPTIONAL (not required) but the witness can be anyone other than you.
- YOU ARE DONE: The form DOES NOT need to be notarized since you are not married.
Video SLIDES: How To Designate a Beneficiary for Your Solo 401k Plan
Naming My Living Trust as Beneficiary QUESTION:
Can my living Trust be the secondary beneficiary?
Yes you can name your living trust as either the primary beneficiary or the secondary (contingent beneficiary). Please see the following: https://www.
Notary QUESTION:
On the Beneficiary Designation form. There is a place for a notary if I have a wife. But I do not have a wife. Do I just need a witness for the second page and no notarization needed?
That’s correct. If you are not married, the beneficiary election form does not need to be notarized. However, you will need to have a witness sign the second page of the form. The witness can be anyone other than you.
