Get Valic Hardship Withdrawal

Filling out the Valic Hardship Withdrawal form correctly is crucial for anyone seeking to withdraw funds due to immediate financial hardship. This guide provides step-by-step instructions to ensure you complete the form accurately and effectively, allowing you to access your funds when you need them most.

Follow the steps to successfully complete your withdrawal request.

1. Click ‘Get Form’ button to obtain the form and open it in the editor.
2. Provide your client information by filling in your full name, Social Security Number or Tax ID, daytime phone number, and date of birth in the designated fields.
3. In the distribution request section, enter the amount you are requesting for distribution. Specify if you want the distribution to include an estimated amount for taxes, ensuring it does not exceed 40% of your hardship need.
4. List the accounts you wish to withdraw from by filling in the account numbers. Choose whether you want the distribution to be conducted pro-rata or specify the amount/percentage to take from each fund.
5. Indicate the reason for your distribution by checking the appropriate box or boxes and attaching any required documentation that supports your hardship claim.
6. If applicable, complete the investment provider information section, skipping it if your plan has only one provider. If there are multiple investment providers, list them along with each account number.
7. Fill in your mailing instructions, including your permanent address if different from the one on file, and indicate if you would like the check sent via overnight delivery.
8. Review and select your federal and state tax withholding preferences for the distribution, keeping in mind the potential penalties for under-withholding.
9. If required, have your spouse review and sign the spousal consent section, ensuring the signature is witnessed as needed.
10. Complete the client approval section by signing and dating the form, ensuring all information is accurate and complete.
11. After filling out the form, you can save changes, download, print, or share the form as necessary before mailing it to VALIC Document Control.

Start filling out your Valic Hardship Withdrawal form online today to access your funds when you need them.