Naming a beneficiary makes it easier for your loved ones to manage your benefits and savings when you’re gone. If you don’t name a beneficiary, your money will be held in an estate account and might have to go through a probate process to determine who gets it, which will cost time and money. Your loved ones may not get as much money as they would have if you had named a beneficiary. And if your beneficiary information is not up to date, the person you want to receive your money may not receive anything at all. Even if want your spouse to be your beneficiary, it’s important to designate them specifically.
- Update your beneficiaries for your life insurance and accidental death and dismemberment (AD&D) insurance through DXC Benefits Center. Log in and select the Beneficiaries quick link.
- Update your beneficiaries for your Health Savings Account (HSA) through MetLife (you will need to provide the Social Security number for each beneficiary).
- Update your beneficiaries for your DXC 401(k) account through your Fidelity account.
- You can change your beneficiaries at any time, and it’s a good idea to review your beneficiary information periodically to make sure it’s up to date.