Get Lump Sum Distribution Form

The Lump Sum Distribution Form is designed for individuals seeking to receive their funds in a single payment. This guide provides step-by-step instructions for completing the form online, ensuring a smooth process for users.

Follow the steps to successfully complete your Lump Sum Distribution Form

1. Press the ‘Get Form’ button to secure the form and access it in the online editor.
2. Begin by providing information about the deceased. Fill in their full name, date of death, and social security or taxpayer ID number. Also include their street address, city, state, zip code, and any contract or certificate numbers associated with their account.
3. Next, provide information about the beneficiary. Indicate whether you are an individual, trust, minor, corporation, estate, or partnership. Enter your full name, address, date of birth, social security or taxpayer ID number, and contact numbers.
4. Address the tax withholding section. Decide if you want any federal and state taxes withheld from your benefits. If electing out of withholding, make sure to provide a valid U.S. residence address and taxpayer identification number.
5. Choose your payment option. Select if you want to receive a lump sum check or if you wish for an Access Account to be established on your behalf. Specify how you would like the payment delivered.
6. Read and sign the form. By signing, you certify that the provided taxpayer identification number is correct and confirm that you are not subject to backup withholding.
7. Select any expedited delivery options if needed, and provide relevant bank details if choosing to expedite payment via wire transfer.
8. Review all provided information for accuracy, then save your changes. You can download, print, or share the completed form as required.

Complete your Lump Sum Distribution Form online today for a seamless distribution experience.