Get the free Section 72(u) Certification Form

Get Form

We are not affiliated with any brand or entity on this form

Fill out

Complete the form online in a simple drag-and-drop editor.

eSign

Add your legally binding signature or send the form for signing.

Share

Share the form via a link, letting anyone fill it out from any device.

Export

Download, print, email, or move the form to your cloud storage.

Why pdfFiller is the best tool for your documents and forms

Learn more about security

End-to-end document management

From editing and signing to collaboration and tracking, pdfFiller has everything you need to get your documents done quickly and efficiently.

Accessible from anywhere

pdfFiller is fully cloud-based. This means you can edit, sign, and share documents from anywhere using your computer, smartphone, or tablet.

Secure and compliant

pdfFiller lets you securely manage documents following global laws like ESIGN, CCPA, and GDPR. It's also HIPAA and SOC 2 compliant.

What is 72(u) Certification

The Section 72(u) Certification Form is a tax document used by non-natural owners to certify eligibility for tax-deferred status under Section 72(u) of the Internal Revenue Code.

pdfFiller scores top ratings on review platforms

Show more Show less

Fill fillable 72(u) Certification form: Try Risk Free

Rate free 72(u) Certification form

4.4

satisfied

48 votes

Who needs 72(u) Certification?

Explore how professionals across industries use pdfFiller.

72(u) Certification is needed by:

Trustees of annuity contracts
Non-natural owners of annuities
Financial advisors dealing in annuities
Tax preparers and accountants
Individuals seeking tax deferral options

Comprehensive Guide to 72(u) Certification

What is the Section 72(u) Certification Form?

The Section 72(u) Certification Form is a crucial document for non-natural owners of tax-deferred annuity contracts. This form certifies eligibility under Section 72(u) of the Internal Revenue Code, which is important for ensuring compliance with IRS regulations. Non-natural owners, such as trusts or partnerships, must submit this form to Athene Annuity & Life Assurance Company to maintain the tax-deferred status of their annuity contracts.

Purpose and Benefits of the Section 72(u) Certification Form

The main purpose of the Section 72(u) Certification Form is to verify that a non-natural owner qualifies for tax deferral. Successfully certifying eligibility offers several benefits, including:

Protecting tax status associated with tax-deferred annuity contracts.
Compliance with IRS regulations, preventing potential penalties.
Maintaining essential contract benefits that support financial planning.

Who Needs the Section 72(u) Certification Form?

This form is primarily required by non-natural owners, such as trustees or other fiduciaries managing annuity contracts. Trustees have specific responsibilities when filling out and submitting the form. It's important for these individuals to take prompt action to ensure compliance with tax regulations, safeguarding the interests of the annuity's beneficiaries.

Key Features of the Section 72(u) Certification Form

The Section 72(u) Certification Form includes several essential components:

Fields for entering owner details and contract information.
Signature elements for the trustee or other non-natural owner.
A straightforward structure that facilitates ease of use.
Fillable nature that allows for online completion via pdfFiller.

How to Fill Out the Section 72(u) Certification Form Online

Filling out the Section 72(u) Certification Form online using pdfFiller is straightforward. Follow these steps:

Open pdfFiller and access the Section 72(u) Certification Form.
Input the necessary contract information in designated fields.
Complete each section as prompted, ensuring accuracy.
Review all entered information to avoid mistakes.
Submit the form directly through the platform once completed.

Utilizing an online editor enhances efficiency and accuracy, making the process seamless.

Common Errors and How to Avoid Them When Filing the Section 72(u) Certification Form

During the form-filling process, several common errors can arise:

Inaccurate information in essential fields, leading to delays in processing.
Missing signatures or required details that invalidate the submission.

To prevent these issues, it’s advisable to follow a review checklist that confirms:

All fields are filled out correctly.
Signatures are present where required.

Submission Methods for the Section 72(u) Certification Form

The Section 72(u) Certification Form can be submitted to Athene Annuity & Life Assurance Company through several methods:

Online submission via pdfFiller for quicker processing.
Paper submission, if preferred, by mailing the completed form.

It’s crucial to be aware of any deadlines associated with your submission to ensure compliance.

What Happens After You Submit the Section 72(u) Certification Form?

After submitting the Section 72(u) Certification Form, you will enter a review process. Users can expect:

A confirmation of receipt, allowing you to know your submission was received.
Tracking options for monitoring the application status.

If the form is approved, the next steps will be communicated. Conversely, potential rejections will also include information on necessary corrections.

Security and Compliance for the Section 72(u) Certification Form

Handling sensitive information requires a strong focus on security. pdfFiller implements robust document security measures:

256-bit encryption to protect data during submission.
Compliance with industry standards such as SOC 2 Type II, HIPAA, and GDPR.

These policies ensure that users can trust their privacy is maintained throughout the process.

Maximize Your Experience with pdfFiller to Complete the Section 72(u) Certification Form

Leveraging pdfFiller’s capabilities enhances your form-filling experience. Utilize features such as:

eSigning for quick approvals.
Editing and automatic saving to prevent data loss.
Organizing documents to manage records efficiently.

These tools make managing your important documents secure and convenient.

Last updated on Mar 13, 2016

How to fill out the 72(u) Certification

1.

Access pdfFiller and log in to your account or create a new one if you don’t have it yet.
2.

Search for the Section 72(u) Certification Form in the templates section by entering the name in the search bar.
3.

Once you find the form, click on it to open it in the pdfFiller editor.
4.

Begin by reviewing the fields displayed and gather the required information, including the contract number and personal details of the contract owner.
5.

Fill in the 'CONTRACT NUMBER' field with the specific number assigned to the annuity contract.
6.

Complete the 'NAME OF ANNUITANT' and 'NAME OF CONTRACT OWNER' fields with accurate names as per the official documents.
7.

Enter the 'SSN/TIN NUMBER OF CONTRACT OWNER', ensuring accurate numbers to avoid submission delays.
8.

Provide the 'STREET ADDRESS', 'CITY', 'STATE', and 'ZIP CODE' for the contract owner's residence.
9.

Fill in the 'TELEPHONE NUMBER' for any follow-ups or queries related to the form.
10.

The 'Signature of Trustee or Other Non-Natural Owner' field must be signed by the trustee handling the contract.
11.

Add the date of signing and the printed name and title of the trustee in their respective fields.
12.

Review all the provided information for accuracy and clarity.
13.

Once completed, utilize pdfFiller’s tools to save the document as a PDF, or download it.
14.

Submit the completed form to Athene Annuity & Life Assurance Company according to their submission guidelines.

FAQs

If you can't find what you're looking for, please contact us anytime!

Contact Support

Who is eligible to complete the Section 72(u) Certification Form?

The form is intended for non-natural owners of annuity contracts, including trustees and other authorized representatives. Ensure you have ownership rights before filling it out.

What is the deadline for submitting the form?

There is no specific deadline mentioned, but it's recommended to submit the form as soon as eligibility is determined to ensure timely processing by the Athene Annuity & Life Assurance Company.

How do I submit the Section 72(u) Certification Form once completed?

After filling out the form on pdfFiller, save it as a PDF, then follow the submission instructions provided by Athene Annuity & Life Assurance Company, which can include mailing or electronic submission.

What supporting documents should accompany the Section 72(u) form?

Typically, no additional documents are required with this form; however, it is advisable to have proof of annuity ownership and any other relevant identification ready if requested by the processing party.

What common mistakes should be avoided when filling out the form?

Ensure all information is accurate, particularly the contract number and personal details. Also, avoid missing the signature of the trustee and double-check for typos in contact information.

How long will it take to process the form after submission?

Processing times may vary, so it's best to check with Athene Annuity & Life Assurance Company for specific timelines. Generally, processing can take several weeks depending on their workload.

What if I need to make changes after submitting the form?

If you need to amend your submission, contact Athene Annuity & Life Assurance Company directly for guidance on how to proceed with corrections or additional information.