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COLORADO PERAColorado ERA 457 Plan Spousal Beneficiary Withdrawal Request7PlanING Attn: Colorado ERA 457 Plan PO Box 23219 Jacksonville, FL 322413219 Fax: 18883106019Deceased Participants SSN Deceased
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How to fill out 457 plan unforeseeable emergency

01
Contact your plan administrator to see if your financial situation meets the requirements for an unforeseeable emergency withdrawal from your 457 plan.
02
Obtain the necessary forms from your plan administrator and complete them accurately.
03
Provide any supporting documentation required to prove the need for the unforeseeable emergency withdrawal.
04
Submit the forms and documentation to your plan administrator for review and approval.
05
Once approved, determine the amount of the withdrawal and any potential tax implications.
06
Withdraw the funds from your 457 plan according to the approved provisions for the unforeseeable emergency situation.

Who needs 457 plan unforeseeable emergency?

01
Individuals who are facing a sudden and unexpected financial hardship that meets the criteria for an unforeseeable emergency as defined by their 457 plan.
02
Those who have exhausted all other financial resources and options for addressing the emergency situation.
03
People who understand the potential consequences of taking an early withdrawal from a retirement account and have a legitimate need for the funds.
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A 457 plan unforeseeable emergency is a situation in which the participant of a 457 retirement plan faces an immediate and heavy financial need that cannot be met through any other financial means.
Participants of a 457 retirement plan who are facing an unforeseeable emergency are required to file for a withdrawal from their plan.
To fill out a 457 plan unforeseeable emergency request, participants must provide documentation and information supporting their financial need and inability to obtain funds from other sources.
The purpose of a 457 plan unforeseeable emergency is to provide participants with access to their retirement savings in times of immediate financial need.
Information such as the amount requested, the reason for the emergency, supporting documentation, and certification of the participant's inability to meet the need through other means must be reported on a 457 plan unforeseeable emergency request.
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