(US) Action Required: Update Your 401(k) Beneficiaries by June 30
A recent administrative review of our 401(k) Savings Plan revealed that a significant number of participants do not have beneficiary designations on file within their Transamerica accounts.
Transamerica requires a separate beneficiary designation election, and beneficiary information provided through Rippling or other benefit carriers does not automatically transfer to your 401(k) retirement account.