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Will receive a Form W-2. You will have to include the sum you withdraw in your gross income for the tax year in which you receive this withdrawal. Determine that suspending contributions will not satisfy the financial need Exhaust all available loan options from your deferred compensation or defined contribution account(s) Included with the Emergency Withdrawal Form is a federal tax withholding form (W-4). Complete and return it with your request. If you do not return the form before y.

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Contact support

You may obtain an emergency withdrawal application by clicking on this link, or by contacting our Investor Services team at InvestorServices@icmarc.org or (800) 669-7400. Completed emergency withdrawal forms may be faxed to our office at (202) 682-6439, Attn. WMT. We will work with you to expedite your request.

Participants are eligible to withdraw funds from their 457(b) plan when separating from service (for any reason) or for an approved unforeseeable emergency. After separation from service, a participant may rollover their account into a traditional IRA or an existing qualified retirement plan.

If you have separated from service with the plan sponsor, you are eligible to withdraw funds from your account at any time, but you are generally not required to take withdrawals until after you attain age 70½. You can continue to receive tax advantages and ICMA-RC services throughout your working and retirement years.

Please refer to the section called “Non-457 Plan Assets In A 457 Plan” on page 7. If you leave this part blank, ICMA-RC will distribute your 457 assets first in order to postpone possible application of the 10% early withdrawal penalty tax on any non-457 assets in your 457 plan.

The 457 plan is a retirement savings plan and you generally cannot withdraw money while you are still employed. When you leave employment, you may withdraw funds; leave them in place; transfer them to a 457, 403(b) or 401(k) of a new employer; or roll them into an Individual Retirement Account (IRA).

You can take penalty-free withdrawals from your 457 account at any age after you leave your job. Most other types of retirement-savings plans assess a 10% penalty if you withdraw money before age 55 or 59½, depending on when you leave your job.

The CalPERS 457 Plan is a retirement savings plan. Generally, you cannot withdraw money from your plan account while you are still employed by your employer. You may, however, make Emergency withdrawals for specific financial hardships prior to separation from employment.

A hardship need arising as a result of an illness or accident of the participant, the beneficiary, such parties' spouse or dependent or the participant's designated primary beneficiary. The need to pay for medical expenses, including non-refundable deductibles, as well as the cost of prescription drug medication.

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© Copyright 1997-2025
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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