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Annex A (To be filled up the BIR)DAN:SIC:BIR Form No. Voluntary Assessment and Payment Program (VAMP)Republic of the Philippines Department of FinanceiBureau of Internal Revenues:2119Application Form
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How to fill out online lump sum withdrawal

01
Step 1: Login to the online portal using your username and password.
02
Step 2: Find the option for lump sum withdrawal and click on it.
03
Step 3: Fill out the required information, such as the amount you wish to withdraw and the bank account details for the transfer.
04
Step 4: Double-check the entered information for accuracy.
05
Step 5: Submit the withdrawal request.
06
Step 6: Wait for the confirmation of the withdrawal request.
07
Step 7: Once confirmed, the lump sum amount will be transferred to your designated bank account.

Who needs online lump sum withdrawal?

01
Anyone who has a lump sum amount in their online account and wishes to withdraw it.
02
Individuals who want to access their funds immediately without having to visit a physical location.
03
People who prefer the convenience and ease of online transactions.
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Online lump sum withdrawal is a process where an individual can withdraw their entire balance from a retirement account in one single payment online.
Individuals who have a retirement account and wish to withdraw their entire balance in one lump sum payment are required to file online lump sum withdrawal.
To fill out online lump sum withdrawal, individuals need to log in to their retirement account online, navigate to the withdrawal section, and follow the prompts to request a lump sum payment.
The purpose of online lump sum withdrawal is to provide individuals with a convenient and efficient way to access their retirement funds in one single payment.
On online lump sum withdrawal, individuals must report their personal information, retirement account details, and the amount they wish to withdraw in one lump sum payment.
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