BENEFICIARY Definition Meaning - Merriam-Webster The meaning of BENEFICIARY is a person or thing that receives help or an advantage from something : one that benefits from something How to use beneficiary in a sentence
What is a beneficiary? Fidelity A beneficiary is a person or entity you designate to inherit your assets upon your passing, including retirement accounts, brokerage accounts, insurance policy proceeds, and even a house Beneficiary designations should align with your overall estate planning goals and objectives
Beneficiary - Wikipedia A beneficiary in the broadest sense is a natural person or other legal entity who receives money or other benefits from a benefactor For example, the beneficiary of a life insurance policy is the person who receives the payment of the amount of insurance after the death of the insured
What Is a Beneficiary? A Simple Explanation - FindLaw A beneficiary is someone who receives proceeds or benefits from something In the insurance area, people commonly use the term beneficiary to refer to the recipient of life insurance proceeds People who receive distributions from a will, trust, annuity, or retirement account are also beneficiaries