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Distribution (RMD). You can use this form to request either a one time RMD withdrawal or request automatic withdrawals for current and all future RMDs from your John Hancock annuity contract. If the contract for this request is an Inherited/Bene ciary account please use form 1307195. PLEASE NOTE: If you previously requested automatic RMD withdrawals from your John Hancock annuity contract, you do not need to resubmit this form unless you are requesting changes to the existing program. Joh.

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While you won't have to pay the money back, you'll have to pay federal incomes taxes on it. You may also have to pay a 10% early withdrawal penalty if you're under age 59½, unless you qualify for an exception. We'll discuss these exceptions in a later section.

Withdrawals from annuities can trigger one of two types of penalties. The insurer issuing the annuity charges surrenders fees if funds are withdrawn during the annuity's accumulation phase. The IRS charges a 10% early withdrawal penalty if the annuity-holder is under the age of 59½.

Yes, you can withdraw all of your money from an annuity. Cashing out can result in consequences like taxes or penalties. These are determined by your age and annuity type. Whether you take partial or lump-sum withdrawals, remember to consider taxes, surrender charges and discounts rates.

You can call us at 800-344-1029 to enroll in phone withdrawal authorization. You can also complete this form entirely online. Visit the forms page at johnhancock.com/annuities. Find the Phone withdrawal authorization agreement form.

Visit the forms page at johnhancock.com/annuities. Find the Withdrawal request form (IRA and nonqualified). Click the link to submit online and follow the step-by-step instructions. Note: The Withdrawal request form is not currently available for all scenarios.

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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
Content Takedown Policy
Bug Bounty Program
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
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:
+1 833 426 79 33
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