PLEASE NOTE: The price of each individual Retirement Plan Beneficiary Designation form is $19. Alternatively, you may purchase ALL (10) Retirement Plan Beneficiary Forms BUNDLE for just $99.

This Form is actually not a Beneficiary Designation Form, but is rather a clause that planners should consider inserting in the governing instrument (will or trust) of the participant’s estate plan. The purpose of the clause is to attempt to direct all payments of taxes and administration expenses arising as the result of the deceased participant’s death away from the retirement plan assets that may be included in the participant’s estate. Since a planning advantage of leaving retirement assets to designated beneficiaries is the opportunity to stretch out the required minimum distributions over the lifetimes of such beneficiaries, the opportunities for income tax deferral and asset value growth are significant. If the retirement plan asset is eroded by a forced contribution to the taxes or administration expenses due at the participant’s death, this planning opportunity is reduced as well.