Naming Beneficiaries

If you’ve recently experienced a life event, such as marriage, divorce or the death of a family member, you may need to update your beneficiary designations accordingly.

Keep in mind that children under age 18 can be named as beneficiaries; however, the proceeds may be sent in their name to their legal guardian and they may not be able to access the benefits until they are the legal age of consent.

Certain states have laws that regulate who you can and cannot name as a beneficiary, so make sure you contact the benefit plan administrator (such as MetLife or Optum Financial) before naming your beneficiary.

To add or update a beneficiary for Basic Life and AD&D insurance:

• Visit Your Benefits Resources (YBR™) by clicking on “Health and Insurance (YBR)” under “Want to Get to Our Best in Class Vendors Fast?” in the upper right hand corner of My Total Compensation and Benefits.  
• On the home page, click on the “Beneficiary Information” link under “Resources.”
• On the Beneficiary Summary page, click on the “Basic Life” and/or “Basic AD&D” tab(s) to view your current beneficiary(ies). Here, you can add a beneficiary by clicking on the “Add Beneficiary” button or update your current beneficiary’s information by clicking on the “Choose Beneficiary” button.

Note: Your beneficiary for Business Travel Accident/Medical (BTA/M) insurance is the same beneficiary that you designate for your Basic Life insurance.

To add or update a beneficiary for Group Universal Life (GUL) and Supplemental AD&D insurance, you must do so directly with MetLife.

• Visit My Total Compensation and Benefits and click on “Group Universal Life” under “Want to Get to Our Best in Class Vendors Fast?” in the upper right hand corner to connect to the MetLife MyBenefits website.
• Under Group Life Insurance, select the “Beneficiaries” tab.

To add or update a beneficiary for a Health Savings Account (HSA):

• Visit Optum Financial, available through My Total Compensation and Benefits.
• Select “Manage HSA Investments” from the “I want to…” dropdown menu.
• Click on the “Update Profile” tab. Here, you can add or update your beneficiary(ies).

Alternatively, you can submit the Beneficiary Designation Form via mail.

To add or update a beneficiary for the Citi Retirement Savings Plan:

• Visit Your Benefits Resources (YBR™) by clicking on “Retirement Savings/401(k)” under “Want to Get to Our Best in Class Vendors Fast?” in the upper right hand corner of My Total Compensation and Benefits.
• On the home page, click on the “Beneficiary Information” link under “Resources.”
• On the Beneficiary Summary page, click on the “Citi Retirement Savings Plan” tab to view your current beneficiaries. Here, you can add a beneficiary by clicking on the “Add Beneficiary” button or update your current beneficiary’s information by clicking on the “Choose Beneficiary” button.