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  • Oppenheimer Ira Distribution Request Form

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Booklet i Plans That Work OppenheimerFunds Retirement Services is committed to helping you meet the challenge of having enough money to fund the retirement of your dreams. Your retirement plan includes a wide array of high quality investments, such as time-tested mutual funds and asset allocation solutions from OppenheimerFunds an industry leader dedicated to providing investment excellence. The investments offered are one part of your comprehensive retirement program that comes complete.

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For further assistance, please call Client Help at 866-809-OPCO (6726), Monday through Friday from 8:00 AM to 8:00 PM ET, and Saturday from 10:00 AM to 2:00 PM ET.

A distribution from a retirement plan is equivalent to a withdrawal of funds. Any time you take money out of your retirement plan, it is a distribution. Taking money out may also be referred to as a withdrawal. The two terms can be considered synonymous.

How do I redeem my investment? Please send Invesco a written instruction signed by the appropriate signatories, clearly stating the number of units or the dollar amount you wish to withdraw and account details of your nominated financial institution (original documentation may be required).

403(b) Account Holders You may withdraw the required minimum from each of your 403(b) accounts separately, withdraw the total RMD amount for all of your 403(b)s from one 403(b) account, or withdraw the full RMD amount for all of your 403(b)s from any combination of 403(b) accounts you own.

As a general rule, most traditional IRA distributions are subject to ordinary income tax in the year you receive the distribution. Distributions taken prior to the owner reaching age 59 ½ are subject to an additional 10% tax penalty, also known as a premature penalty.

In this case, any money that isn't vested as of the date you were fired or laid off is no longer yours. Funds that you are 100% vested in will stay in your account and can be rolled over to an IRA, transferred, or converted to a Roth IRA.

Similar to a 401(k), 403(b) account holders can start taking distributions in the year they leave work as long as they turn 55 or older in that same year. This is commonly referred to as the rule of 55. The biggest caveat is that all funds must remain in the 403(b) plan for early withdrawals to remain penalty-free.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232