Get the free 403(b) Variable Annuity Surrender Request - The Hartford
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Print Forrest Form403(b) Variable Annuity Surrender Request Use this form if you want to: request a full surrender of your 403(b) Variable Annuity contract, or request a partial surrender of your
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How to fill out 403b variable annuity surrender
How to fill out 403b variable annuity surrender
01
To fill out a 403b variable annuity surrender, follow these steps:
02
Obtain the surrender form from your 403b variable annuity provider.
03
Fill in your personal information, such as your name, address, and contact details.
04
Provide your policy or contract number as well as any other required identification information.
05
Indicate the amount or percentage of the surrender you wish to make.
06
Specify if you want the surrender proceeds to be paid out as a lump sum or in installments.
07
Complete any additional sections or fields as per the instructions on the form.
08
Read and understand any terms, conditions, or fees associated with the surrender.
09
Sign and date the form.
10
Submit the completed form to your 403b variable annuity provider via mail, fax, or electronically as instructed.
11
Keep a copy of the completed form for your records.
Who needs 403b variable annuity surrender?
01
403b variable annuity surrender is typically required by individuals who have a 403b retirement plan and wish to withdraw or surrender part or all of their annuity funds. This may occur when retiring, changing jobs, or needing access to the funds for other financial needs. However, it is important to note that surrendering a variable annuity may be subject to surrender charges, taxes, and penalties, so individuals should carefully consider the implications before proceeding.
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