Get Required Minimum Distribution (rmd) Retirement Application (state Form 53709).doc

Filling out the Required Minimum Distribution (RMD) Retirement Application (State Form 53709) online is essential for individuals looking to access their retirement benefits. This guide provides clear instructions designed to help users navigate the form effectively, ensuring all necessary information is completed correctly.

Follow the steps to accurately complete your retirement application.

1. Click ‘Get Form’ button to obtain the application and open it in the online editor.
2. Begin filling out Step 1, 'Member Information.' Enter your Social Security number, Pension ID (PID) number, date of birth, name, address, contact information, and most recent employer.
3. In this step, indicate your retirement date. Ensure that the date is the first of the month following your separation from employment. Note that it should not exceed six months from when the application is received by INPRS.
4. Complete Step 2, 'Select Your Pension Option.' Review the options carefully and select one based on your preferences for receiving benefits.
5. If you chose Options 30, 40, or 50 (joint survivor benefits), fill out beneficiary details in Step 3, ensuring you attach appropriate documentation verifying their date of birth.
6. For those who selected Options 10, 20, or 71, fill out Step 4, listing primary beneficiaries and their corresponding details.
7. In Step 5, select how you wish to receive any Annuity Savings Account (ASA) payments. Each option has potential tax implications, so consider seeking financial advice.
8. Fill out Steps 6 and 7 on additional ASA contributions and state tax withholding if relevant to your situation.
9. Prior to finalizing your application, make sure to sign it in the presence of a Notary Public as required in Step 8.
10. Once all sections are complete and reviewed, save changes, and download or print the completed form. Submit the application along with required documentation directly to INPRS.

Start completing your Required Minimum Distribution Retirement Application online today for a seamless retirement transition.