What to do in the event of a power outage. During a power outage, all food establishments must stop operations, check the temperature of potentially hazardous foods and understand the time guidelines of when food is safe to sell or must be thrown away.
A contingent beneficiary is the person or thing that receives the benefits of your account if the primary beneficiary can not. Think of contingent beneficiaries as a back-up plan.When you invest in a beneficiary-named financial account, such as an Individual Retirement Account, 401(k) , insurance policy or trust, you name the person or people you want to receive the assets in the account should you pass away. These are primary beneficiaries.r you could name your spouse as primary beneficiary of 50% of the account, with the two kids each named 25% primary beneficiaries. You could name a nonprofit charitable organization as your primary or contingent beneficiary, although you will likely have to talk to an account representative about how to do that.
Think of contingent beneficiaries as a back-up plan. When you invest in a beneficiary-named financial account, such as an Individual Retirement Account, 401(k) , insurance policy or trust, you name the person or people you want to receive the assets in the account should you pass away. These are primary beneficiaries.