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Get the free Direct Deposit of Annuity Payments (SERS-123). Direct Deposit of Annuity Payments (S...

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COMMONWEALTH OF PENNSYLVANIA STATE EMPLOYEES RETIREMENT SYSTEM 30 N 3RD STREET SUITE 150 HARRISBURG, PA 17101-1716 TOLL-FREE: 1-800-633-5461 www.sers.state.pa.us DIRECT DEPOSIT OF ANNUITY PAYMENTS
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How to fill out direct deposit of annuity

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How to fill out direct deposit of annuity:

01
Start by obtaining the necessary forms from your annuity provider. They may also be available online.
02
Fill out personal information details such as your full name, address, social security number, and annuity policy number.
03
Provide your bank account information, including the bank name, routing number, and account number. This is where your annuity payments will be deposited.
04
Indicate the type of annuity you have, such as fixed annuity, variable annuity, or indexed annuity.
05
Specify the amount or percentage of your annuity payments that you want to be directly deposited into your bank account.
06
Review the form for accuracy and ensure all required fields are filled.
07
Sign and date the form, following any additional instructions provided.

Who needs direct deposit of annuity:

01
Individuals who prefer the convenience of having their annuity payments directly deposited into their bank account.
02
Those who want to avoid the hassle of manually depositing checks or dealing with paper statements.
03
People who want to ensure timely and automatic payment of their annuity funds.
04
Those who value the security and efficiency of electronic transfers rather than relying on physical checks.
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Direct deposit of annuity is a method of electronically transferring annuity payments directly into a recipient's bank account.
All recipients of annuity payments are required to file for direct deposit of annuity.
To fill out direct deposit of annuity, recipients must provide their bank account information to the annuity issuer.
The purpose of direct deposit of annuity is to ensure timely and secure delivery of annuity payments to recipients.
Recipients must report their bank account number, routing number, and account type for direct deposit of annuity.
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2012 PENNSYLVANIA sers payee SERS-123 3RD HARRISBURG TOLLFREE crediting correctness photocopy ANNUITY certification credited reimburse ROUTING revoke electronically ACH requiring II subsequent termination deposited remainder accordance indicating

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