How do I update my IRA beneficiaries?

Keep your IRA beneficiaries with Fortis Bank up to date.

If you are married, you can only set your spouse as your primary beneficiary. You may also name contingent death beneficiaries in the event all primary beneficiaries are deceased at the time of your death.

How to update your IRA beneficiaries:

Navigate to the IRA account you want to change and select IRA beneficiaries in the top navigation bar.
In the General Beneficiary Information section, you can edit your marital status and specify whether the owner is the sole beneficiary. Click Continue.
Enter your Primary and any Contingent beneficiaries (optional) and click Submit beneficiary profile to complete.

Note: No contents of this post may be relied upon as tax, legal, or financial advice, as they have not been tailored to you and have not been reviewed by any attorney, financial advisor, or tax professional. For any questions related to your own specific situation, please consult with your own attorney, tax professional, and/or licensed financial advisor.