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Complete the DROP Distribution Form for the City of Fort Lauderdale Police and Fire Retirement System to elect your preferred distribution method.
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What is drop subsequent distribution form?
The drop subsequent distribution form is a document used to request a distribution from a retirement plan or account after participating in a Deferred Retirement Option Program (DROP).
Who is required to file drop subsequent distribution form?
Individuals who have completed their DROP period and wish to withdraw their accumulated benefits are required to file the drop subsequent distribution form.
How to fill out drop subsequent distribution form?
To fill out the drop subsequent distribution form, individuals must provide personal information, details about their retirement plan, specify the amount to be withdrawn, and sign the form.
What is the purpose of drop subsequent distribution form?
The purpose of the drop subsequent distribution form is to formally request the distribution of funds from a retirement account following a DROP period.
What information must be reported on drop subsequent distribution form?
The form typically requires personal identification information, account details, DROP participation duration, the type of distribution requested, and any tax withholding preferences.
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