Get Account Reduction Loan Application 401 ( K ) Plan State Of - Fascore

Completing the Account Reduction Loan Application 401(k) Plan State Of - FASCore online is an essential step for participants seeking a loan from their retirement plan. This guide will provide you with clear, step-by-step instructions to ensure that your application is filled out accurately and efficiently.

Follow the steps to complete your application form online.

1. Press the ‘Get Form’ button to access the application form and open it in your preferred online editing tool.
2. Fill out the Participant Information section, providing your Social Security number, last name, first name, middle initial, state, zip code, date of birth, personal phone number, work phone number, street address, city, email address, and department or payroll center. Indicate your marital status and if you have a new permanent or alternate address.
3. Choose the type of loan you wish to apply for by selecting either the General Purpose Loan or the Principal Residence Loan. Depending on your selection, specify the repayment term by ticking the appropriate box.
4. In the Amount of Loan section, enter the total amount you wish to request, while paying attention to the minimum and maximum loan amounts stated in the instructions. Include any loan origination fees and the total check amount.
5. Indicate your repayment method, selecting payroll deduction, and specify the first payroll deduction date as well as the payroll frequency.
6. Review the Participant Consent section carefully. By signing, you acknowledge your understanding of the loan provisions and responsibilities. Ensure your signature is notarized; otherwise, your application may be returned.
7. Complete the Change of Address/Alternate Address Notarization section if applicable, ensuring that it is also notarized.
8. Follow the Mailing Instructions to ensure your application reaches the appropriate Service Provider. You have the option to send it via regular or express mail.
9. After confirming all fields are completed accurately, you can save your changes, download the form, print it for your records, or share it as needed.

Complete your Account Reduction Loan Application 401(k) Plan State Of - FASCore online today for a seamless loan process.