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Your overnight delivery unforeseeable emergency withdrawal cannot be sent to a PO box. Overnight applications should be sent to the following address 30 Braintree Hill Office Park 8900 Freedom Commerce Parkway Braintree MA 02184 This form provides information about PERA s 457 Plan. Your rights benefits and obligations as a PERA member are governed by Title 24 Article 51 of the Colorado Revised Statutes the Rules of the Colorado Public Employees R...

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What is unforeseeable emergency withdrawal state?

An unforeseeable emergency withdrawal state is a provision that allows participants in a retirement plan to make a withdrawal under certain circumstances that are beyond their control and are deemed to be unforeseeable, such as an immediate and heavy financial need.

Who is required to file unforeseeable emergency withdrawal state?

Participants in a retirement plan who meet the eligibility criteria for unforeseeable emergency withdrawals are required to file an unforeseeable emergency withdrawal request with the plan administrator.

How to fill out unforeseeable emergency withdrawal state?

To fill out an unforeseeable emergency withdrawal state, participants need to complete the necessary forms provided by their retirement plan administrator. These forms typically require the participant to provide detailed information about the emergency situation, the amount requested for withdrawal, and any supporting documentation as required by the plan.

What is the purpose of unforeseeable emergency withdrawal state?

The purpose of the unforeseeable emergency withdrawal state is to provide participants in a retirement plan with an option to access their retirement funds in case of an immediate and heavy financial need that cannot be addressed through other means. It allows for the withdrawal of funds from the plan, even if the participant has not reached the age of retirement.

What information must be reported on unforeseeable emergency withdrawal state?

The information that must be reported on an unforeseeable emergency withdrawal state typically includes details about the emergency situation, the amount requested for withdrawal, supporting documentation, and any other information required by the plan administrator. The specific requirements may vary depending on the retirement plan.

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