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INSTRUCTIONS ELECTION OF ANNUITY BENEFITS Foreign Service Retirement System THIS FORM IS TO BE COMPLETED ONLY BY PARTICIPANTS WHO SEPARATED FROM THE FOREIGN SERVICE ON OR AFTER FEBRUARY 15, 1981.
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What is election of annuity benefits?
The election of annuity benefits is the process of choosing to receive a series of payments over a period of time from an annuity.
Who is required to file election of annuity benefits?
Individuals who have an annuity and are eligible to choose how they receive their payments are required to file an election of annuity benefits.
How to fill out election of annuity benefits?
To fill out the election of annuity benefits, individuals must complete the necessary forms provided by the annuity provider and follow the instructions regarding payment options.
What is the purpose of election of annuity benefits?
The purpose of the election of annuity benefits is to give annuity holders the flexibility to choose how they receive their payments, whether in a lump sum or as a series of payments.
What information must be reported on election of annuity benefits?
The election of annuity benefits form typically requires information such as personal details, payment options chosen, and beneficiary designations.
Where do I find election of annuity benefits?
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