IRA DESIGNATION OF BENEFICIARY (11/2015) RETIRADB PAGE 1 OF 2 NY CS 8393448 11/15 IRA Designation of Beneficiary PARTICIPANT’S NAME Instructions: In the sections below, please indicate the Primary and Contingent Beneficiaries for this account. If additional pages are required, check this box and indicate the number of additional pages here: . Per Stirpes: If you indicate per stirpes (in some states the term used is “Rights of Representation”), it means that the children of a Beneficiary who predeceases you will share equally in that portion of your account originally left to the now-deceased child. For example, if you designate that your three children will share your account equally, but one son predeceases you leaving two children, the two living children would each receive a 1/3 share, but the deceased son’s 1/3 share would be divided equally among his children (your grandchildren), so that each of those two grandchildren would receive a 1/6 share. Per Capita: is method divides your account equally among your children and the descendants of any child who dies before you. For example, if one of your three daughters dies before you leaving two surviving children, each of her two children (your grandchildren) will receive a share equal to that of your other two daughters — splitting the account into four equal shares. Neither: If you do not designate per stirpes or per capita, “neither” is the default. is means, for example, that if you designate two Primary Beneficiaries, and one Primary Beneficiary predeceases you, the other Primary Beneficiary will be entitled to your entire account. If no Primary Beneficiary is surviving at the time of your death, your Contingent Beneficiary(ies) would be entitled to your account. If none is designated or surviving, the “default” beneficiary rules under Definition of “Beneficiary” in Article I of the Morgan Stanley IRA document will apply — that is, (a) spouse, (b) if no spouse, to any surviving children (naturally born or legally adopted) (c) if no children, then to the surviving parent(s) in equal shares or all to the surviving parent, and (d) if no parents, then to your estate. Neither is the default. If the designated Beneficiary is a non-living entity such as a trust or a charity, the stipulation type defaults to “Neither.” 1. Primary Beneficiaries I hereby designate the person(s) named below as Primary Beneficiary(ies) to receive payment of the balance of the account upon my death. NOTE: If the designated Beneficiary is a non-living entity (e.g., trust, charity, etc.) or no stipulation option is selected, the stipulation option defaults to “Neither.” Name Check One Stipulation Option Share Date of Birth (mm/dd/yyyy) Social Security Number Relationship 1. Per Stirpes Per Capita Neither % 2. Per Stirpes Per Capita Neither % 3. Per Stirpes Per Capita Neither % 4. Per Stirpes Per Capita Neither % IRA Type (check one): Traditional IRA SIMPLE IRA Roth IRA SEP/SAR-SEP IRA RETIRADB NAO Branch No. Account No. FA/PWA No. For Internal Use Only