A beneficiary designation is automatically set up in a mutual fund account without having to complete any additional forms

Name: A beneficiary designation is automatically set up in a mutual fund account without having to complete any additional forms
Brand: Quizplus
Rating: 4.8 (59 reviews)

Question

Quizplus · Accepted Answer

A beneficiary designation in a mutual fund account requires the account holder to complete additional forms specifying who the beneficiaries are; it is not automatically set up.

A Beneficiary Designation Is Automatically Set Up in a Mutual