Deferred Compensation – Beneficiaries

Co-op Account Management

Who maintains account beneficiary information?

Account beneficiary designations are kept at the cooperative and should not be sent to Homestead Funds. Homestead Funds does not maintain beneficiary information for deferred compensation plan accounts. Upon request, the NRECA Deferred Compensation Team can provide a sample beneficiary form for the account participant to complete. Homestead Funds pays distributions to the cooperative. As administrator the cooperative would provide the funds to the correct beneficiary or work with the estate if they do not have a beneficiary form on file.


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