You can add a primary beneficiary to your Ellevest Digital, Premium or membership IRA account by navigating to the User Menu at the top right hand side of your dashboard and selecting Accounts from the dropdown. Here, you can add a beneficiary to each IRA account type on their account specific page. If you would like to add a contingent beneficiary as well, then you will need to complete this form and return it to Folio.
Please note that if you live in Arizona, California, Idaho, Louisiana, Nevada, New Mexico, Texas, Washington, or Wisconsin, and don’t set your spouse as the 100% beneficiary of your account, then you have to complete this form and get your spouse to sign Part 4 on page 2.
If you need to review your IRA beneficiary information, you can find this on your dashboard if it was added via your dashboard. If this is the case, navigate to your User Menu in the top-right corner and select Accounts. Otherwise, you'll need to log into Folio. You can find your Folio login information in the same location within your dashboard.
If you’re looking for instructions on how to add a beneficiary to an investment account, check out our FAQ on that here.