Get the free Distribution Election Form - Colliers International

COLLIERS INTERNATIONAL USA, LLC And Affiliated Employers 401(K) Plan NOTICE OF DISTRIBUTION ELECTION To: (Participant) Date: As a terminated participant in the Colliers International USA, LLC and

How to fill out distribution election form

1. The distribution election form is typically required by individuals who are receiving retirement plan distributions. This can include employees who are retiring or leaving their job, as well as beneficiaries who have inherited a retirement account.
2. Start by obtaining the distribution election form from your retirement plan provider. This form may also be available online on their website. Make sure to use the most recent version of the form to ensure accuracy.
3. Carefully read and understand the instructions provided with the distribution election form. These instructions will guide you through the various sections and requirements of the form.
4. Begin by filling out your personal information, such as your full name, social security number, and contact information. This information is vital to ensure that your distribution is correctly processed and accurately reported.
5. Next, indicate the type of distribution you are requesting. This could be a lump sum distribution, a rollover to another qualified retirement account, or a series of periodic payments, among others. Select the option that aligns with your specific needs and financial goals.
6. Provide details about the retirement account from which you are requesting the distribution. This will typically include the account number and the name of the retirement plan or custodian. Make sure to double-check these details for accuracy.
7. If you are choosing any tax withholding options, indicate the desired percentage or amount to be withheld from your distribution. This will help you avoid any potential tax penalties or surprises when you file your tax return.
8. If you have any special circumstances or instructions regarding your distribution, ensure that you provide clear and concise information in the appropriate section of the form. This could include instructions for disbursing funds to multiple accounts or designating beneficiaries.
9. Review the completed distribution election form thoroughly before submitting it. Ensure that all required fields are filled out correctly and that your handwriting is legible. Mistakes or missing information could cause delays or complications in processing your distribution request.
10. Finally, sign and date the form in the designated area. Depending on the requirements of your retirement plan provider, you may need to have your signature witnessed or notarized. Follow any additional instructions provided to ensure proper authentication of your form.

Remember, it is always a good idea to keep a copy of the completed distribution election form for your records. This will serve as proof of your request and will allow you to reference the information provided in the future if needed.

For pdfFiller’s FAQs

What is distribution election form?

The distribution election form is a document that allows individuals to specify how they would like their assets distributed after their passing.

Who is required to file distribution election form?

Individuals who want to ensure that their assets are distributed according to their wishes are required to file a distribution election form.

How to fill out distribution election form?

To fill out a distribution election form, individuals must provide information about their assets, beneficiaries, and any specific instructions for distribution.

What is the purpose of distribution election form?

The purpose of a distribution election form is to provide clarity and guidance on how an individual's assets should be distributed after their passing.

What information must be reported on distribution election form?

Information that must be reported on a distribution election form includes details about assets, beneficiaries, and any special instructions for distribution.

How do I make edits in distribution election form without leaving Chrome?

Install the pdfFiller Google Chrome Extension in your web browser to begin editing distribution election form and other documents right from a Google search page. When you examine your documents in Chrome, you may make changes to them. With pdfFiller, you can create fillable documents and update existing PDFs from any internet-connected device.

How do I fill out the distribution election form form on my smartphone?

The pdfFiller mobile app makes it simple to design and fill out legal paperwork. Complete and sign distribution election form and other papers using the app. Visit pdfFiller's website to learn more about the PDF editor's features.

How do I complete distribution election form on an Android device?

Use the pdfFiller Android app to finish your distribution election form and other documents on your Android phone. The app has all the features you need to manage your documents, like editing content, eSigning, annotating, sharing files, and more. At any time, as long as there is an internet connection.