To change a beneficiary on a retirement plan with Franklin Templeton, you will typically need to complete a designated beneficiary change form. This form can usually be found on the Franklin Templeton website or by logging in to your retirement account. It often requires you to provide information about your current beneficiary and details about the new beneficiary you would like to designate.
Once you have filled out the form, you will need to submit it according to the instructions provided, which may involve mailing, faxing, or submitting it online. It is important to ensure that the form is filled out completely and accurately to avoid any processing delays.
Additionally, it may be a good idea to review the guidelines specific to your retirement plan, as procedures can vary. For the latest information regarding beneficiary changes, you might want to check the relevant pages on the Franklin Templeton website.