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Retirement News for Employers Helping Business Owners with Retirement Plans Internal Revenue ServiceVolume 3, Summer 2006Inside This Issue Waiver of the 60Day Roller Period page 3New User Fee Schedule
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What is waiver of form 60-day?
The waiver of form 60-day is a document that allows an individual to waive the 60-day waiting period for receiving retirement plan distributions.
Who is required to file waiver of form 60-day?
Individuals who need immediate access to their retirement plan funds and want to avoid the 60-day waiting period are required to file the waiver of form 60-day.
How to fill out waiver of form 60-day?
To fill out the waiver of form 60-day, you need to provide personal information such as your name, address, and Social Security number. You also need to explain the reason for waiving the 60-day waiting period and provide any supporting documentation if required.
What is the purpose of waiver of form 60-day?
The purpose of the waiver of form 60-day is to allow individuals who have an immediate financial need to access their retirement plan funds without having to wait for the standard 60-day waiting period.
What information must be reported on waiver of form 60-day?
The waiver of form 60-day requires you to report your personal information such as name, address, and Social Security number. You also need to provide details about the reason for waiving the 60-day waiting period and any supporting documentation if required.
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