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In-service Withdrawal Request Governmental 457(b) Plan Washington State Deferred Compensation Program9895301When would I use this form? When I am requesting a withdrawal and I am still employed by
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How to fill out dcp in-service withdrawal request

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How to fill out dcp in-service withdrawal request

01
To fill out a DCP in-service withdrawal request, follow these steps:
02
Obtain the necessary forms from your plan administrator.
03
Fill in your personal information, such as your name, address, and Social Security number.
04
Indicate the amount you wish to withdraw from your DCP account.
05
Specify whether you want the withdrawal to be a partial or full distribution.
06
Provide your bank account information for direct deposit, if applicable.
07
Sign and date the form.
08
Submit the completed form to your plan administrator.

Who needs dcp in-service withdrawal request?

01
Individuals who have a DCP (Defined Contribution Plan) account and need to access their funds while still employed usually file a DCP in-service withdrawal request. This request is for those who meet the eligibility criteria specified in their employer's retirement plan. It allows individuals to withdraw a portion or the entirety of their vested balance from their DCP account before retirement.
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DCP in-service withdrawal request is a form that allows participants in a Defined Contribution Plan (DCP) to withdraw a portion of their funds while still employed.
Participants in a Defined Contribution Plan (DCP) who wish to withdraw a portion of their funds while still employed are required to file a dcp in-service withdrawal request.
To fill out a dcp in-service withdrawal request, participants need to provide personal information, employment details, the amount to be withdrawn, and any other required documentation specified by the plan administrator.
The purpose of dcp in-service withdrawal request is to allow participants in Defined Contribution Plans (DCP) to access a portion of their funds for financial needs while still being employed.
Information such as personal details, employment information, the amount to be withdrawn, and any supporting documentation required by the plan administrator must be reported on a dcp in-service withdrawal request.
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