How to designate beneficiaries at Marcus
Covers 4 deposit accounts — beneficiaries can be managed online
Phone1-855-730-7283
Toll-Free1-855-730-7283
Mailing Address
Goldman Sachs Bank USA, 11850 South Election Road, Draper, UT 84020
International
Customer Support
Phone1-855-730-7283
Mailing Address
Goldman Sachs Bank USA, 11850 South Election Road, Draper, UT 84020. Correspondence: Goldman Sachs Bank USA, P.O. Box 70379, Philadelphia, PA 19176-0379
WebsiteLearn more→
Customer Support (no dedicated bereavement department)
Phone1-855-730-7283
Mailing Address
Goldman Sachs Bank USA, 11850 South Election Road, Draper, UT 84020
Verified May 2026
There are two ways to keep your Marcus accounts out of probate: adding beneficiary designations and structuring ownership to align with your estate plan. Which approach works best depends on the account type and your overall estate plan.
Each of Marcus's 4 accounts has different rules for how it transfers at death. The sections below explain the options for each.
Marcus High-Yield Online SavingsMarcus High-Yield CDMarcus No-Penalty CDMarcus Rate Bump CD
1
Log in to your Marcus online account
2
Select "Beneficiaries" from your account dashboard
3
Add up to 6 POD beneficiaries per account:
- Provide each beneficiary's full legal name, relationship, contact information, address, date of birth, and Social Security Number
- Beneficiaries must be natural persons who are U.S. citizens or legal permanent residents
- All beneficiaries receive equal shares (custom percentages are not supported)
4
Submit beneficiary designation online
Special Requirements
- POD beneficiaries must be natural persons (individuals only)
- Beneficiaries must be U.S. citizens or legal permanent residents
- Trusts, charities, estates, and other entities CANNOT be named as POD beneficiaries
- Maximum 6 beneficiaries per account
- Each beneficiary must have a valid Social Security Number and date of birth
- All beneficiaries receive equal shares (custom percentages are not supported)
- Contingent beneficiaries are not supported
- If a beneficiary predeceases the account owner, funds are paid to surviving beneficiaries
- Marcus does not support trust-owned accounts
Phone1-855-730-7283
Toll-Free1-855-730-7283
Mailing Address
Goldman Sachs Bank USA, 11850 South Election Road, Draper, UT 84020
International
Customer Support
Phone1-855-730-7283
Mailing Address
Goldman Sachs Bank USA, 11850 South Election Road, Draper, UT 84020. Correspondence: Goldman Sachs Bank USA, P.O. Box 70379, Philadelphia, PA 19176-0379
WebsiteLearn more→
Customer Support (no dedicated bereavement department)
Phone1-855-730-7283
Mailing Address
Goldman Sachs Bank USA, 11850 South Election Road, Draper, UT 84020
Verified May 2026
Estate planning articles
Learn how to protect your Marcus accounts and other assets with trusts, beneficiary designations, and estate planning documents.
