Common use of Beneficiary Distributions Clause in Contracts

Beneficiary Distributions. A Participant may designate a Beneficiary or Beneficiaries of the Account at any time and any such designation may be changed or revoked at any time, by written designation executed by the Participant in a form and manner prescribed by or acceptable to, and filed with, the Custodian. Such designation, change, or revocation shall be effective only upon receipt and acceptance by the Custodian and only if such receipt shall be during the Participant’s lifetime. The latest such accepted designation, change, or revocation shall control. A Beneficiary designation will NOT automatically be revoked or modified due to the Participant’s divorce, legal separation, annulment or other dissolution of marriage. Following the death of the Participant, the balance of the Participant’s Account shall be distributed to the Participant’s designated Beneficiary or Beneficiaries, if any, in accordance with the provisions of Article IV of the Agreement and in accordance with the Custodian’s administrative or operational requirements and regular business practices, which may change from time to time. The Participant may request additional information concerning the Beneficiary policies and procedures from the Financial Institution. If there is no primary Beneficiary living at the time of the Participant’s death, the balance of the Participant’s Account will be payable to the surviving contingent Beneficiary or Beneficiaries designated by the Participant. If there is no Beneficiary designation on file with the Custodian, or if no primary or contingent Beneficiaries survive the Participant, the Custodian shall distribute the Account in the following order of preference: (i) The Participant’s surviving spouse, if any (ii) The Participant’s children, if any, in equal shares per stirpes (iii) The Participant’s estate If the Participant designates more than one primary or contingent Beneficiary but does not specify the percentages to which such Beneficiary or Beneficiaries are entitled, payment will be made to the surviving Beneficiary or Beneficiaries in equal shares. Unless otherwise designated by the Participant in a form and manner acceptable to the Custodian, if a primary or contingent Beneficiary designated by the Participant predeceases the Participant, the deceased Beneficiary’s percentage allocation will be divided among the surviving Beneficiaries in accordance with the ratio of each surviving Beneficiary’s percentage allocation relative to the percentage allocation of all other surviving Beneficiaries. If a Beneficiary does not predecease the Participant but dies before receiving his or her entire interest in the Account, his or her remaining interest in the Account shall be paid to the Beneficiary or Beneficiaries designated by the deceased Beneficiary. If there is no Beneficiary designation of the deceased Beneficiary on file with the Custodian, the Custodian shall distribute the Account to the survivors of the deceased Beneficiary in the following order of preference: (i) The deceased Beneficiary’s surviving spouse, if any (ii) The deceased Beneficiary’s children, if any, in equal shares per stirpes (iii) The deceased Beneficiary’s estate In instances of distributions to the Beneficiary’s estate, the Custodian shall be permitted to rely on direction from the personal representative of the Beneficiary’s estate regarding the appropriate parties to be paid under this designation. Under no circumstances may a Participant restrict the right of a Beneficiary to name successor Beneficiary(ies) of an inherited Account. Except as otherwise provided in this Agreement or by applicable law or regulations, all rights, duties, obligations and responsibilities of the Participant under the Agreement will extend to spouse and nonspouse Beneficiary(ies) following the death of the Participant. Custodian reserves the right to take the steps it deems appropriate in validating Beneficiary(ies) after the Participant’s death.

Beneficiary Distributions. A Participant may designate a Beneficiary or Beneficiaries of the Account at any time and any such designation may be changed or revoked at any time, by written designation executed by the Participant in a form and manner prescribed by or acceptable to, and filed with, the Custodian. Such designation, change, or revocation shall be effective only upon receipt and acceptance by the Custodian and only if such receipt shall be during the Participant’s lifetime. The latest such accepted designation, change, or revocation shall control. A Beneficiary designation will NOT automatically be revoked or modified due to the Participant’s divorce, legal separation, annulment or other dissolution of marriage. Following the death of the Participant, the balance of the Participant’s Account shall be distributed to the Participant’s designated Beneficiary or Beneficiaries, if any, in accordance with the provisions of Article IV V and Article IX of the Agreement and in accordance with the Custodian’s administrative or operational requirements and regular business practices, practices which may change from time to time. The Participant may request additional information concerning the Beneficiary policies and procedures from the Financial Institution. If there is no primary Beneficiary living at the time of the Participant’s death, the balance of the Participant’s Account will be payable to the surviving contingent Beneficiary or Beneficiaries designated by the Participant. If there is no Beneficiary designation on file with the Custodian, or if no primary or contingent Beneficiaries survive the Participant, the Custodian shall distribute the Account in the following order of preference: (i) The Participant’s surviving spouse, if any. (ii) The Participant’s children, if any, in equal shares per stirpes. (iii) The Participant’s estate estate. If the Participant designates more than one primary or contingent Beneficiary but does not specify the percentages to which such Beneficiary or Beneficiaries are entitled, payment will be made to the surviving Beneficiary or Beneficiaries in equal shares. Unless otherwise designated by the Participant in a form and manner acceptable to the Custodian, if a primary or contingent Beneficiary designated by the Participant predeceases the Participant, the deceased Beneficiary’s percentage allocation will be divided among the surviving Beneficiaries in accordance with the ratio of each surviving Beneficiary’s percentage allocation relative to the percentage allocation of all other surviving Beneficiaries. If a Beneficiary does not predecease the Participant but dies before receiving his or her entire interest in the Account, his or her remaining interest in the Account shall be paid to the Beneficiary or Beneficiaries designated by the deceased Beneficiary. If there is no Beneficiary designation of the deceased Beneficiary on file with the Custodian, the Custodian shall distribute the Account to the survivors of the deceased Beneficiary in the following order of preference: (i) The deceased Beneficiary’s surviving spouse, if any. (ii) The deceased Beneficiary’s children, if any, in equal shares per stirpes. (iii) The deceased Beneficiary’s estate estate. In instances of distributions to the Beneficiary’s estate, the Custodian shall be permitted to rely on direction from the personal representative of the Beneficiary’s estate regarding the appropriate parties to be paid under this designation. Under no circumstances may a Participant restrict the right of a Beneficiary to name successor Beneficiary(iesBeneficiary(s) of an inherited Account. Except as otherwise provided in this Agreement or by applicable law or regulations, all rights, duties, obligations and responsibilities of the Participant under the Agreement will extend to spouse and nonspouse Beneficiary(ies) following the death of the Participant. Custodian reserves the right to take the steps it deems appropriate in validating Beneficiary(ies) after the Participant’s death.

Beneficiary Distributions. A Participant may designate a Beneficiary or Beneficiaries of the Account at any time and any such designation may be changed or revoked at any time, by written designation executed by the Participant in a form and manner prescribed by or acceptable to, and filed with, the Custodian. Such designation, change, or revocation shall be effective only upon receipt and acceptance by the Custodian and only if such receipt shall be during the Participant’s lifetime. The latest such accepted designation, change, or revocation shall control. A Beneficiary designation will NOT automatically be revoked or modified due to the Participant’s divorce, legal separation, annulment or other dissolution of marriage. Following the death of the Participant, the balance of the Participant’s Account shall be distributed to the Participant’s designated Beneficiary or Beneficiaries, if any, in accordance with the provisions of Article IV of the Agreement and in accordance with the Custodian’s administrative or operational requirements and regular business practices, practices which may change from time to time. The Participant may request additional information concerning the Beneficiary policies and procedures from the Financial Institution. If there is no primary Beneficiary living at the time of the Participant’s death, the balance of the Participant’s Account will be payable to the surviving contingent Beneficiary or Beneficiaries designated by the Participant. If there is no Beneficiary designation on file with the Custodian, or if no primary or contingent Beneficiaries survive the Participant, the Custodian shall distribute the Account in the following order of preference: (i) The Participant’s surviving spouse, if any (ii) The Participant’s children, if any, in equal shares per stirpes (iii) The Participant’s estate If the Participant designates more than one primary or contingent Beneficiary but does not specify the percentages to which such Beneficiary or Beneficiaries are entitled, payment will be made to the surviving Beneficiary or Beneficiaries in equal shares. Unless otherwise designated by the Participant in a form and manner acceptable to the Custodian, if a primary or contingent Beneficiary designated by the Participant predeceases the Participant, the deceased Beneficiary’s percentage allocation will be divided among the surviving Beneficiaries in accordance with the ratio of each surviving Beneficiary’s percentage allocation relative to the percentage allocation of all other surviving Beneficiaries. If a Beneficiary does not predecease the Participant but dies before receiving his or her entire interest in the Account, his or her remaining interest in the Account shall be paid to the Beneficiary or Beneficiaries designated by the deceased Beneficiary. If there is no Beneficiary designation of the deceased Beneficiary on file with the Custodian, the Custodian shall distribute the Account to the survivors of the deceased Beneficiary in the following order of preference: (i) The deceased Beneficiary’s surviving spouse, if any (ii) The deceased Beneficiary’s children, if any, in equal shares per stirpes (iii) The deceased Beneficiary’s estate In instances of distributions to the Beneficiary’s estate, the Custodian shall be permitted to rely on direction from the personal representative of the Beneficiary’s estate regarding the appropriate parties to be paid under this designation. Under no circumstances may a Participant restrict the right of a Beneficiary to name successor Beneficiary(ies) of an inherited Account. Except as otherwise provided in this Agreement or by applicable law or regulations, all rights, duties, obligations and responsibilities of the Participant under the Agreement will extend to spouse and nonspouse Beneficiary(ies) following the death of the Participant. Custodian reserves the right to take the steps it deems appropriate in validating Beneficiary(ies) after the Participant’s death.

Beneficiary Distributions. A Participant may designate a Beneficiary or Beneficiaries of the Account at any time and any such designation may be changed or revoked at any time, by written designation executed by the Participant in a form and manner prescribed by or acceptable to, and filed with, the Custodian. Such designation, change, or revocation shall be effective only upon receipt and acceptance by the Custodian and only if such receipt shall be during the Participant’s lifetime. The latest such accepted designation, change, or revocation shall control. A Beneficiary designation will NOT automatically be revoked or modified due to the Participant’s divorce, legal separation, annulment or other dissolution of marriage. Following the death of the Participant, the balance of the Participant’s Account shall be distributed to the Participant’s designated Beneficiary or Beneficiaries, if any, in accordance with the provisions of Article IV V and Article IX of the Agreement and in accordance with the Custodian’s administrative or operational requirements and regular business practices, practices which may change from time to time. The Participant may request additional information concerning the Beneficiary policies and procedures from the Financial Institution. If there is no primary Beneficiary living at the time of the Participant’s death, the balance of the Participant’s Account will be payable to the surviving contingent Beneficiary or Beneficiaries designated by the Participant. If there is no Beneficiary designation on file with the Custodian, or if no primary or contingent Beneficiaries survive the Participant, the Custodian shall distribute the Account in the following order of preference: (i) The Participant’s surviving spouse, if any. (ii) The Participant’s children, if any, in equal shares per stirpesshares. (iii) The Participant’s estate estate. If the Participant designates more than one primary or contingent Beneficiary but does not specify the percentages to which such Beneficiary or Beneficiaries are entitled, payment will be made to the surviving Beneficiary or Beneficiaries in equal shares. Unless otherwise designated by the Participant in a form and manner acceptable to the Custodian, if a primary or contingent Beneficiary designated by the Participant predeceases the Participant, the deceased Beneficiary’s percentage allocation will be divided among the surviving Beneficiaries in accordance with the ratio of each surviving Beneficiary’s percentage allocation relative to the percentage allocation of all other surviving Beneficiaries. If a Beneficiary does not predecease the Participant but dies before receiving his or her entire interest in the Account, his or her remaining interest in the Account shall be paid to the Beneficiary or Beneficiaries designated by the deceased Beneficiary. If there is no Beneficiary designation of the deceased Beneficiary on file with the Custodian, the Custodian shall distribute the Account to the survivors of the deceased Beneficiary in the following order of preference: (i) The deceased Beneficiary’s surviving spouse, if any. (ii) The deceased Beneficiary’s children, if any, in equal shares per stirpesshares. (iii) The deceased Beneficiary’s estate estate. In instances of distributions to the Beneficiary’s estate, the Custodian shall be permitted to rely on direction from the personal representative of the Beneficiary’s estate regarding the appropriate parties to be paid under this designation. Under no circumstances may a Participant restrict the right of a Beneficiary to name successor Beneficiary(ies) of an inherited Account. Except as otherwise provided in this Agreement or by applicable law or regulations, all rights, duties, obligations and responsibilities of the Participant under the Agreement will extend to spouse and nonspouse non-spouse Beneficiary(ies) following the death of the Participant. Custodian reserves the right to take the steps it deems appropriate in validating Beneficiary(ies) after the Participant’s death.

Beneficiary Distributions. A Participant may designate a Beneficiary or Beneficiaries of the Account at any time and any such designation may be changed or revoked at any time, by written designation executed by the Participant in a form and manner prescribed by or acceptable to, and filed with, the Custodian. Such designation, change, or revocation shall be effective only upon receipt and acceptance by the Custodian and only if such receipt shall be during the Participant’s lifetime. The latest such accepted designation, change, or revocation shall control. A Beneficiary designation will NOT automatically be revoked or modified due to the Participant’s divorce, legal separation, annulment or other dissolution of marriage. Following the death of the Participant, the balance of the Participant’s Account shall be distributed to the Participant’s designated Beneficiary or Beneficiaries, if any, in accordance with the provisions of Article IV of the Agreement and in accordance with the Custodian’s administrative or operational requirements and regular business practices, which may change from time to time. The Participant may request additional information concerning the Beneficiary policies and procedures from the Financial Institution. If there is no primary Beneficiary living at the time of the Participant’s death, the balance of the Participant’s Account will be payable to the surviving contingent Beneficiary or Beneficiaries designated by the Participant. If there is no Beneficiary designation on file with the Custodian, or if no primary or contingent Beneficiaries survive the Participant, the Custodian shall distribute the Account in the following order of preference: (i) The Participant’s surviving spouse, if any (ii) The Participant’s children, if any, in equal shares per stirpesshares (iii) The Participant’s estate If the Participant designates more than one primary or contingent Beneficiary but does not specify the percentages to which such Beneficiary or Beneficiaries are entitled, payment will be made to the surviving Beneficiary or Beneficiaries in equal shares. Unless otherwise designated by the Participant in a form and manner acceptable to the Custodian, if a primary or contingent Beneficiary designated by the Participant predeceases the Participant, the deceased Beneficiary’s percentage allocation will be divided among the surviving Beneficiaries in accordance with the ratio of each surviving Beneficiary’s percentage allocation relative to the percentage allocation of all other surviving Beneficiaries. If a Beneficiary does not predecease the Participant but dies before receiving his or her entire interest in the Account, his or her remaining interest in the Account shall be paid to the Beneficiary or Beneficiaries designated by the deceased Beneficiary. If there is no Beneficiary designation of the deceased Beneficiary on file with the Custodian, the Custodian shall distribute the Account to the survivors of the deceased Beneficiary in the following order of preference: (i) The deceased Beneficiary’s surviving spouse, if any (ii) The deceased Beneficiary’s children, if any, in equal shares per stirpesshares (iii) The deceased Beneficiary’s estate In instances of distributions to the Beneficiary’s estate, the Custodian shall be permitted to rely on direction from the personal representative of the Beneficiary’s estate regarding the appropriate parties to be paid under this designation. Under no circumstances may a Participant restrict the right of a Beneficiary to name successor Beneficiary(ies) of an inherited Account. Except as otherwise provided in this Agreement or by applicable law or regulations, all rights, duties, obligations and responsibilities of the Participant under the Agreement will extend to spouse and nonspouse Beneficiary(ies) following the death of the Participant. Custodian reserves the right to take the steps it deems appropriate in validating Beneficiary(ies) after the Participant’s death.

Beneficiary Distributions. A Participant may designate a Beneficiary or Beneficiaries of the Account at any time and any such designation may be changed or revoked at any time, by written designation executed by the Participant in a form and manner prescribed by or acceptable to, and filed with, the Custodian. Such designation, change, or revocation shall be effective only upon receipt and acceptance by the Custodian and only if such receipt shall be during the Participant’s lifetime. The latest such accepted designation, change, or revocation shall control. A Beneficiary designation will NOT automatically be revoked or modified due to the Participant’s divorce, legal separation, annulment or other dissolution of marriage. Following the death of the Participant, the balance of the Participant’s Account shall be distributed to the Participant’s designated Beneficiary or Beneficiaries, if any, in accordance with the provisions of Article IV of the Agreement and in accordance with the Custodian’s administrative or operational requirements and regular business practices, practices which may change from time to time. The Participant may request additional information concerning the Beneficiary policies and procedures from the Financial Institution. If there is no primary Beneficiary living at the time of the Participant’s death, the balance of the Participant’s Account will be payable to the surviving contingent Beneficiary or Beneficiaries designated by the Participant. If there is no Beneficiary designation on file with the Custodian, or if no primary or contingent Beneficiaries survive the Participant, the Custodian shall distribute the Account in the following order of preference: (i) The Participant’s surviving spouse, if any (ii) The Participant’s children, if any, in equal shares per stirpesshares (iii) The Participant’s estate If the Participant designates more than one primary or contingent Beneficiary but does not specify the percentages to which such Beneficiary or Beneficiaries are entitled, payment will be made to the surviving Beneficiary or Beneficiaries in equal shares. Unless otherwise designated by the Participant in a form and manner acceptable to the Custodian, if a primary or contingent Beneficiary designated by the Participant predeceases the Participant, the deceased Beneficiary’s percentage allocation will be divided among the surviving Beneficiaries in accordance with the ratio of each surviving Beneficiary’s percentage allocation relative to the percentage allocation of all other surviving Beneficiaries. If a Beneficiary does not predecease the Participant but dies before receiving his or her entire interest in the Account, his or her remaining interest in the Account shall be paid to the Beneficiary or Beneficiaries designated by the deceased Beneficiary. If there is no Beneficiary designation of the deceased Beneficiary on file with the Custodian, the Custodian shall distribute the Account to the survivors of the deceased Beneficiary in the following order of preference: (i) The deceased Beneficiary’s surviving spouse, if any (ii) The deceased Beneficiary’s children, if any, in equal shares per stirpesshares (iii) The deceased Beneficiary’s estate In instances of distributions to the Beneficiary’s estate, the Custodian shall be permitted to rely on direction from the personal representative of the Beneficiary’s estate regarding the appropriate parties to be paid under this designation. Under no circumstances may a Participant restrict the right of a Beneficiary to name successor Beneficiary(ies) of an inherited Account. Except as otherwise provided in this Agreement or by applicable law or regulations, all rights, duties, obligations and responsibilities of the Participant under the Agreement will extend to spouse and nonspouse non-spouse Beneficiary(ies) following the death of the Participant. Custodian reserves the right to take the steps it deems appropriate in validating Beneficiary(ies) after the Participant’s death.

Beneficiary Distributions. A Participant may designate a Beneficiary or Beneficiaries of the Account at any time and any such designation may be changed or revoked at any time, by written designation executed by the Participant in a form and manner prescribed by or acceptable to, and filed with, the Custodian. Such designation, change, or revocation shall be effective only upon receipt and acceptance by the Custodian and only if such receipt shall be during the Participant’s lifetime. The latest such accepted designation, change, or revocation shall control. A Beneficiary designation will NOT automatically be revoked or modified due to the Participant’s divorce, legal separation, annulment or other dissolution of marriage. Following the death of the Participant, the balance of the Participant’s Account shall be distributed to the Participant’s designated Beneficiary or Beneficiaries, if any, in accordance with the provisions of Article IV V and Article IX of the Agreement and in accordance with the Custodian’s administrative or operational requirements and regular business practices, practices which may change from time to time. The Participant may request additional information concerning the Beneficiary policies and procedures from the Financial Institution. If there is no primary Beneficiary living at the time of the Participant’s death, the balance of the Participant’s Account will be payable to the surviving contingent Beneficiary or Beneficiaries designated by the Participant. If there is no Beneficiary designation on file with the Custodian, or if no primary or contingent Beneficiaries survive the Participant, the Custodian shall distribute the Account in the following order of preference: (i) The Participant’s surviving spouse, if any. (ii) The Participant’s children, if any, in equal shares per stirpesshares. (iii) The Participant’s estate estate. If the Participant designates more than one primary or contingent Beneficiary but does not specify the percentages to which such Beneficiary or Beneficiaries are entitled, payment will be made to the surviving Beneficiary or Beneficiaries in equal shares. Unless otherwise designated by the Participant in a form and manner acceptable to the Custodian, if a primary or contingent Beneficiary designated by the Participant predeceases the Participant, the deceased Beneficiary’s percentage allocation will be divided among the surviving Beneficiaries in accordance with the ratio of each surviving Beneficiary’s percentage allocation relative to the percentage allocation of all other surviving Beneficiaries. If a Beneficiary does not predecease the Participant but dies before receiving his or her entire interest in the Account, his or her remaining interest in the Account shall be paid to the Beneficiary or Beneficiaries designated by the deceased Beneficiary. If there is no Beneficiary designation of the deceased Beneficiary on file with the Custodian, the Custodian shall distribute the Account to the survivors of the deceased Beneficiary in the following order of preference: (i) The deceased Beneficiary’s surviving spouse, if any. (ii) The deceased Beneficiary’s children, if any, in equal shares per stirpesshares. (iii) The deceased Beneficiary’s estate estate. In instances of distributions to the Beneficiary’s estate, the Custodian shall be permitted to rely on direction from the personal representative of the Beneficiary’s estate regarding the appropriate parties to be paid under this designation. Under no circumstances may a Participant restrict the right of a Beneficiary to name successor Beneficiary(ies) of an inherited Account. Except as otherwise provided in this Agreement or by applicable law or regulations, all rights, duties, obligations and responsibilities of the Participant under the Agreement will extend to spouse and nonspouse Beneficiary(ies) following the death of the Participant. Custodian reserves the right to take the steps it deems appropriate in validating Beneficiary(ies) after the Participant’s death.

Beneficiary Distributions. A Participant may designate a Beneficiary or Beneficiaries of the Account at any time and any such designation may be changed or revoked at any time, by written designation executed by the Participant in a form and manner prescribed by or acceptable to, and filed with, the Custodian. Such designation, change, or revocation shall be effective etfective only upon receipt and acceptance by the Custodian and only if such receipt shall be during the Participant’s lifetime. The latest such accepted designation, change, or revocation shall control. A Beneficiary designation will NOT automatically be revoked or modified due to the Participant’s divorce, legal separation, annulment or other dissolution of marriage. Following the death of the Participant, the balance of the Participant’s Account shall be distributed to the Participant’s designated Beneficiary or Beneficiaries, if any, in accordance with the provisions of Article IV of the Agreement and in accordance with the Custodian’s administrative or operational requirements and regular business practices, which may change from time to time. The Participant may request additional information concerning the Beneficiary policies and procedures from the Financial Institution. If there is no primary Beneficiary living at the time of the Participant’s death, the balance of the Participant’s Account will be payable to the surviving contingent Beneficiary or Beneficiaries designated by the Participant. If there is no Beneficiary designation on file with the Custodian, or if no primary or contingent Beneficiaries survive the Participant, the Custodian shall distribute the Account in the following order of preference: (i) The Participant’s surviving spouse, if any (ii) The Participant’s children, if any, in equal shares per stirpes (iii) The Participant’s estate If the Participant designates more than one primary or contingent Beneficiary but does not specify the percentages to which such Beneficiary or Beneficiaries are entitled, payment will be made to the surviving Beneficiary or Beneficiaries in equal shares. Unless otherwise designated by the Participant in a form and manner acceptable to the Custodian, if a primary or contingent Beneficiary designated by the Participant predeceases the Participant, the deceased Beneficiary’s percentage allocation will be divided among the surviving Beneficiaries in accordance with the ratio of each surviving Beneficiary’s percentage allocation relative to the percentage allocation of all other surviving Beneficiaries. If a Beneficiary does not predecease the Participant but dies before receiving his or her entire interest in the Account, his or her remaining interest in the Account shall be paid to the Beneficiary or Beneficiaries designated by the deceased Beneficiary. If there is no Beneficiary designation of the deceased Beneficiary on file with the Custodian, the Custodian shall distribute the Account to the survivors of the deceased Beneficiary in the following order of preference: (i) The deceased Beneficiary’s surviving spouse, if any (ii) The deceased Beneficiary’s children, if any, in equal shares per stirpes (iii) The deceased Beneficiary’s estate In instances of distributions to the Beneficiary’s estate, the Custodian shall be permitted to rely on direction from the personal representative of the Beneficiary’s estate regarding the appropriate parties to be paid under this designation. Under no circumstances may a Participant restrict the right of a Beneficiary to name successor Beneficiary(ies) of an inherited Account. Except as otherwise provided in this Agreement or by applicable law or regulations, all rights, duties, obligations and responsibilities of the Participant under the Agreement will extend to spouse and nonspouse Beneficiary(ies) following the death of the Participant. Custodian reserves the right to take the steps it deems appropriate in validating Beneficiary(ies) after the Participant’s death.