Review Your Beneficiaries
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Dear GW Benefits Plan Participant,
We wanted to take a moment to remind you about the importance of reviewing and designating your beneficiaries for your employee benefits. Beneficiaries are the individual(s) or entities you choose to receive the monetary value of your plan as a part of your legacy.
Why is this important? Having current beneficiaries helps protect your family and ensures that your benefits are distributed as you intend.
Don’t wait! Now is a great time to review your beneficiaries, make any necessary updates, as well as notify those whom you designated.
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 | Instructions for Designating or Updating a Beneficiary |
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Designating or updating a beneficiary for your benefit plans only takes a few minutes of your time. Beneficiary records are managed by the various GW vendor partners as outlined in this communication and allows you the flexibility to designate different beneficiaries for each type of benefit plan. You should choose a beneficiary for the following GW Benefit Plans as applicable to you: Life/AD&D (Lincoln Financial), Health Savings Account (Bank of America) and Retirement (TIAA & Fidelity). Review the instructions below and click the buttons to designate your beneficiaries.
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Life/AD&D Insurance Participants |
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Go to go.gwu.edu/enroll4benefits and log into your account. Once logged in, scroll down to the Find it Fast section and click Update Beneficiaries. From there, you can designate or update beneficiaries and select how much each should receive.
- If you have questions or need assistance, call the Benefits Call Center at 833-698-0324.
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Fidelity Retirement Savings Account Participants |
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Go to netbenefits.com/GW and log into your account. Once logged in, under the Accounts & Benefits tab, click Update your beneficiaries. From there, you can designate or update beneficiaries and select how much each should receive. Please note a beneficiary is required for each retirement plan account (e.g. 403(b), 401(a), 457(b), etc.).
- If you have questions or need assistance, call Fidelity at 800-343-0860.
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TIAA Retirement Savings Account Participants |
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Go to TIAA.org and log into your account. Once logged in, under the Action tab, choose Add/Edit beneficiaries. From there, you can designate or update beneficiaries and select how much each should receive. Please note a beneficiary is required for each retirement plan account (e.g. 403(b), 401(a), 457(b), etc.).
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Health Savings Account (HSA) Participants |
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On the member website, go to Accounts > Profile Summary > Add Beneficiary. From there, you can designate or update beneficiaries and select how much each should receive.
- If you have questions or need assistance, call Bank of America at 800-838-1868.
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 | When Should You Review Your Beneficiaries |
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Since family circumstances can often change, selecting and updating beneficiaries is not a one-and-done task. You can change your beneficiary at any time during the year to ensure your assets are allocated according to your wishes. We encourage you to review and update your beneficiaries annually as well as after any major life events (e.g. marriage, divorce, childbirth, etc.). You can view more information on what to consider when choosing a beneficiary online.
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 | We Are Here to Help |
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If you have additional questions about your beneficiary designations or any other benefit needs, please contact us Monday - Friday, 8:30 a.m. - 5 p.m. at benefits@gwu.edu or (571) 553 - 8382.
Sincerely,
GW Benefits
Human Resource Management and Development
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GW Benefits
44983 Knoll Square, Suite 391
Ashburn, VA 20147
Phone: (571) 553-8382
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