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Unforeseeable Emergency Withdrawal Request Governmental 457(b) Plan State of Tennessee 457 Plan Participant Information Last Name () Home Phone First Name () Work Phone MI Social Security Number Account

How to fill out unforeseeable emergency withdrawal request

How to fill out unforeseeable emergency withdrawal request:

1. Begin by obtaining the necessary form for an unforeseeable emergency withdrawal request. This form can usually be found on your employer's website or by contacting the HR department.
2. Fill in your personal details accurately, including your full name, employee ID, and contact information. Make sure to double-check all the information for any errors.
3. Provide a detailed explanation of the unforeseeable emergency that has led to your need for a withdrawal. Be specific and include any supporting documentation if available, such as medical reports or legal documents.
4. Indicate the amount you are requesting to withdraw and explain how the funds will be used to address the emergency. Some plans may require you to demonstrate that you have exhausted all other available resources before granting the withdrawal.
5. Review the form thoroughly to ensure you have filled out all the necessary sections. If there are any specific instructions or additional documentation required, make sure to comply with these requirements.
6. Once you are confident that all the information is accurate and complete, sign and date the form. By doing so, you certify that the information provided is true and that you understand the consequences and potential tax implications of the withdrawal.
7. Submit the filled-out form either electronically through your employer's portal or by delivering it to the appropriate HR department. Keep a copy of the submitted form for your records.

Who needs unforeseeable emergency withdrawal request?

1. Employees who have encountered an unforeseeable emergency that requires immediate funds and aligns with the criteria set by their retirement plan.
2. Individuals facing situations such as unexpected medical expenses not covered by insurance, imminent foreclosure or eviction, funeral expenses, or other urgent financial hardships may consider submitting an unforeseeable emergency withdrawal request.
3. It is crucial to review your retirement plan's guidelines to determine whether your circumstances meet the specified criteria for an unforeseeable emergency withdrawal request. Consulting with a financial advisor or the HR department can also provide valuable insights.

For pdfFiller’s FAQs

What is unforeseeable emergency withdrawal request?

An unforeseeable emergency withdrawal request is a request made to withdraw funds from a retirement account in the event of an unforeseen emergency.

Who is required to file unforeseeable emergency withdrawal request?

Individuals who experience an unforeseeable emergency and need to access funds from their retirement account are required to file an unforeseeable emergency withdrawal request.

How to fill out unforeseeable emergency withdrawal request?

To fill out an unforeseeable emergency withdrawal request, individuals typically need to provide information about the emergency, the amount of funds needed, and any supporting documentation.

What is the purpose of unforeseeable emergency withdrawal request?

The purpose of an unforeseeable emergency withdrawal request is to allow individuals to access funds from their retirement account in times of financial hardship due to unforeseen emergencies.

What information must be reported on unforeseeable emergency withdrawal request?

Information such as the nature of the emergency, the amount of funds needed, and any supporting documentation must be reported on an unforeseeable emergency withdrawal request.

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