What this will do is...make your retirement payments look as if the payments are coming in from someone or somewhere else 'other' than by the one that created them.
Recording you as a Beneficiary will make it appear you are receiving profit, thus, subjecting you to another profit tax on each payment.
The profit tax is being called an "income" tax, that's why you don't recognize the income tax is just a profit tax.
If you worked your whole life, used manual labor to 'create' your retirement payments, then you would be an Entitlement Recipient not a Beneficiary.
Hard working folks that worked their whole life to save up for retirement need to wake up to the deception and should be questioning the SS Admninistration.
Entitlement Recipient = retirement payments were created by you from working.
Beneficiary= Retirement payments coming in as profit, created by someone or somewhere else other than you.
Heck, you were already made to pay taxes before your retirement funds were set aside from your paycheck
(Don ald, Donny boy)