Get Withdrawal - Minimum Distribution - John Hancock Usa

Completing the Withdrawal - Minimum Distribution form with John Hancock USA can seem daunting, but this guide will provide you with step-by-step instructions to help you navigate the process confidently. Whether you are a participant or beneficiary, our comprehensive overview will ensure you fill out each section correctly.

Follow the steps to accurately complete your form.

1. Click ‘Get Form’ button to obtain the Withdrawal - Minimum Distribution form and open it for editing.
2. In Section 1, provide general information about the plan, including details such as the contract holder's name, contract number, participant's name as seen on their Social Security Card, Social Security number, and date of birth. Fill in the participant's address, including street address, city, state, and zip code.
3. In Section 2, indicate the reason for the withdrawal. Choose either 'Minimum Distribution' or 'Minimum Distribution for Deceased Participant.' If appropriate, include the details about the beneficiary.
4. For Section 3, state how much you wish to withdraw. You can specify amounts for different money types, and while completing the Investment Fund Code is optional, leaving it blank means John Hancock will use their standard withdrawal order.
5. In Section 4, decide on taxation preferences for your withdrawal. Note the federal tax withholding options available, including the choice to opt out of withholding. If applicable, provide state tax withholding instructions.
6. Section 5 asks for details on how you would like to receive the funds. Specify whether you prefer a check, direct deposit, or wire transfer, and provide necessary banking details if necessary.
7. In Section 6, the participant or beneficiary must sign and date the form to confirm all information is accurate. This section includes certifications under penalties of perjury, so ensure all fields are completed correctly before signing.
8. If you are a Plan Representative, proceed to complete Sections 7-9 as required, including withdrawal details and any applicable fees.

Start filling out your Withdrawal - Minimum Distribution form online now for a smooth and efficient process.