How to Add or Update Beneficiaries in GoCo

Keeping your beneficiaries updated is crucial to ensuring that your benefits and financial assets are distributed according to your wishes. Whether it's updating after a major life event like marriage, the birth of a child, or just staying proactive, maintaining accurate beneficiary information ensures that your loved ones are protected when it matters most. In this guide, we’ll walk you through the simple steps to review and update your beneficiaries, helping you stay on top of this essential part of your benefits plan.

To begin, you'll login to GoCo & navigate to your Benefits from your Profile Page. 

Locate the benefit line you wish to update & hit the ellipses button next to it to display the "Update Beneficiaries" button.

A new window will appear showing your current beneficiaries. Here you can update the percentage amount received by this individual, edit their information & add a new primary or secondary beneficiary.

If you choose to add a new beneficiary, a pop out window will appear asking if you'd like to select one of your current dependents or create a new beneficiary.

If you choose to add a new beneficiary, you will be prompted to input their name, relationship to you, date of birth, and social security number. 

Once you've made your selections, hit the blue "Done" button.

Now you'll return back to the original page & update your new beneficiary's percentage amount. Once complete, hit save. 

Your beneficiary has now been updated!

If you have any additional questions, please reach out to us at help@goco.io.

Published 10.16.24