The Importance of Designating a Beneficiary to Your BART Retirement Plan Account(s)

You may think choosing a beneficiary(ies) for your retirement plan(s) is a simple task. Or you may question why you need to choose them in the first place. Financial stability for your family is a key goal for retirement plan participants both during your lifetime and after you're gone. Without designating beneficiaries, your loved ones may not receive your retirement money in the way that you intend. As a participant in the BART Plans, there are only a few steps to providing updated beneficiary information. The first step is to review your account(s) to determine if you already have correct beneficiary information on file. To view the beneficiaries you have listed, log in to your online account, click on the "Profile" tab, and select "Beneficiaries". If you need to update your beneficiary information, please complete the BART Beneficiary Designation Form. Please refer to Beneficiary Decisions: FAQ for additional information.