If I Die Before Retiring Will my Beneficiary(ies) Receive Any Portion of My Benefits?
Yes. If you are married, but have not named your spouse as your beneficiary, your surviving spouse will be entitled to his or her community property interest in your Individual Account balance unless your spouse waived such entitlement (signed before a Plan representative or a Notary). In addition, a former spouse may be entitled to a portion or all of your benefits pursuant to a Qualified Domestic Relations Order (known as a QDRO). If your marriage is dissolved, the designation of your former spouse as your beneficiary will be automatically revoked, unless you subsequently redesignate your former spouse as your beneficiary. If you are not married (or your spouse has provided the required written consent to permit your benefits to be paid to your designated beneficiary), benefits will be paid to your designated beneficiary or beneficiaries.
