How to Change Your 401(k) Beneficiaries

How to Change Your 401(k) Beneficiaries

This guide explains how to add, remove, or update your beneficiary information on the Saturna 401(k) participant portal.

Step 1: Log Into Your Account

Log into the 401(k) portal using your credentials. See  401(k) Website Login & Portal Instructions⁠  for detailed steps on how to access the system.

Step 2: Navigate to Beneficiaries

Once logged in, go to Personal Settings > Beneficiaries.
On this screen, you can:
  • Add a new beneficiary
  • Remove an existing beneficiary
  • Update existing beneficiary information (e.g., name, relationship, allocation percentage)

Beneficiary Types

  • Primary Beneficiary — The person (or people) who will receive your 401(k) account balance first if you pass away. You can name more than one primary beneficiary and split the allocation between them.
  • Contingent Beneficiary — The backup beneficiary. This person (or people) only receives the account balance if all named primary beneficiaries are unable to (for example, if they predecease you).

Notes

  • Keep beneficiary information up to date after major life events (marriage, divorce, birth of a child, etc.).

Contact

  • Toll-free: 833-STC-401K (833-782-4015)
  • Email:  401k@saturna.com