You are able to designate primary and contingent beneficiaries for your Save® account. A primary beneficiary inherits your account in the event of your death. Allocating a beneficiary allows for a smoother transition of your assets in the event of your death. A contingent beneficiary will inherit your assets in the event that no primary beneficiary is surviving at the time of your death.
You will be prompted to add a beneficiary at account sign-up and can add or edit a beneficiary at any time through the Save App and Online Portal. Below are step-by-step instructions on how to add a beneficiary to your account.
From the Save App
- Log in to your Save App.
- Click on the Account Settings individual icon in the top left corner.
- Click on Beneficiary.
- Click on Add.
- Complete the requested beneficiary information. Include a % share.
- Repeat this process until you reach 100% if you're adding multiple beneficiaries or adding contingent beneficiaries.
- Click Save.
- A summary page will appear for your review.
- To edit or remove a beneficiary. Click on the established beneficiary for the Edit or Remove option. Note: You must have 100% in beneficiary share.
From the Online Portal
- Login to your account at joinsave.com.
- Click the individual icon in the top right corner next to the notification bell.
- Click on Beneficiary.
- Click on Add New.
- Complete the requested beneficiary information. Include a % share.
- Repeat this process until you reach 100% if you're adding multiple beneficiaries or adding contingent beneficiaries.
- Click Save.
- A summary page will appear for your review.
- To edit or remove a beneficiary. Click on the established beneficiary for the Edit or Remove option. Note: You must have 100% in beneficiary share.