How to designate beneficiaries at Wright-Patt CU

POD beneficiaries can be named when the account is opened, and updated or changed at any time at a Member Center or through the Member Help Center.¹

A beneficiary designation on the primary account (Share 00) applies to all later sub-accounts unless the member gives written instructions to modify it on a sub-account.²

POD beneficiary designations do not apply to individual retirement accounts, which use a separate beneficiary designation process.²

IRA beneficiary changes cannot be made through the IRA Service Center.³

HSA beneficiaries are named on the separate HSA Designation of Beneficiary form.⁴

Multiple surviving POD beneficiaries own the account in proportion to the percentage given to each in the POD designation.²

A married owner in a community or marital property state who names a primary beneficiary other than the spouse needs the spouse's signature and a notary signature on the IRA beneficiary form.⁵

A married owner in a community or marital property state who names a primary beneficiary other than the spouse needs the spouse's signature and a notary signature on the HSA beneficiary form.⁴

For IRAs. Completed by the IRA owner, brought to a Member Center or mailed. Available to download.^{6, 5}

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For health savings accounts. Available to download.^{6, 4}

A modification of the designation on a sub-account is effective only upon written acknowledgment by the credit union.²

The two trust types Wright-Patt Credit Union can support are the Revocable Living Trust and the Qualified Income Trust.⁷

Live chat cannot open a trust account. The Live Chat page says "These accounts must be initiated online."⁸