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Request for Systematic Withdrawal Privilege For assistance: Clients (800) 2251852 Price representatives (800) 5427117 Financial professionals (888) 7785471Prudential Mutual Fund Services LLC (PMS) a

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What is request for systematic withdrawal?

A request for systematic withdrawal is a formal document submitted to a financial institution by an account holder to authorize periodic withdrawals from their account at predetermined intervals.

Who is required to file request for systematic withdrawal?

Account holders who wish to receive periodic withdrawals from their investment or retirement accounts are required to file a request for systematic withdrawal.

How to fill out request for systematic withdrawal?

To fill out a request for systematic withdrawal, account holders must provide their personal information, account details, desired withdrawal amount and frequency, and authorize the financial institution to make the withdrawals.

What is the purpose of request for systematic withdrawal?

The purpose of a request for systematic withdrawal is to establish a regular stream of income for the account holder by scheduling periodic withdrawals from their investment or retirement accounts.

What information must be reported on request for systematic withdrawal?

The information reported on a request for systematic withdrawal typically includes account holder's name, account number, desired withdrawal amount, withdrawal frequency, and authorization signature.

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