Can I make changes to my beneficiary designations for life insurance and retirement plans?
Yes, you can make changes to your beneficiary designations for life insurance and retirement plans. Exelis Benefits Center allows you to update your beneficiaries at any time during the year. To make changes, you need to log in to your account on the Exelis Benefits Center website and navigate to the beneficiary section. Here, you can add, modify, or remove beneficiaries as per your requirements. It is important to ensure that your beneficiary designations are up to date, as they determine who will receive the benefits in case of your passing. Regularly reviewing and updating your beneficiary information can help ensure that your assets are distributed as per your preferences.
Answered May 3, 2024
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