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Get Dd 2656 2008
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How to fill out the DD 2656 online
The DD 2656 form is essential for establishing a retired/retainer pay account. Filling it out correctly ensures timely processing of payments. This guide provides detailed instructions for completing the form online.
Follow the steps to complete the DD 2656 form online.
- Click ‘Get Form’ button to obtain the form and open it in the electronic editor.
- Read through the Privacy Act Statement and instructions thoroughly before filling out the form. This ensures you understand your rights and the importance of the information being collected.
- In Section I, enter your personal identification information, including your name, SSN, retirement date, rank, pay grade, birth date, and current correspondence address.
- In Section II, provide your direct deposit information. This includes your financial institution's Routing Transit Number, type of account (savings or checking), account number, and the institution’s name and address.
- Section III involves separation payment information. Complete this if applicable, indicating whether you have received any separation pay and detailing the amounts.
- For Section IV, indicate if you are a member or former member of the Reserve Component, and complete the required items based on your situation.
- In Section V, you can designate beneficiaries for any unpaid retired pay due to you at death. Fill in each beneficiary’s details, including their relationship to you and the share percentage.
- Section VI requires you to provide information for federal income tax withholding. Determine your exemptions and complete the relevant fields based on that information.
- Complete Section VII if you wish to withhold state taxes. Provide your desired state and the amount you want deducted from your monthly pay.
- In Section VIII, provide dependency information about your spouse and children, including their names, birth dates, and any relevant relationship details.
- For Section IX, make your election regarding the Survivor Benefit Plan (SBP). Choose the appropriate coverage based on your circumstances and indicate the beneficiaries involved.
- In Section X, use the remarks section for any additional information needed or continue any incomplete entries from previous sections.
- Section XI requires your signature and date to certify the accuracy of the information provided. Ensure you understand the penalties for false statements.
- Lastly, if applicable, complete Section XII for your spouse's concurrence on the SBP election. Ensure that this section is signed and notarized where necessary.
- Once you have filled out all the required sections, review your form for accuracy, save your changes, and download or print the form as needed.
Complete your DD 2656 form online today to ensure timely processing of your retired pay.
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Opting out of your survivor benefit plan requires you to complete the DD form 2656 and submit it to your respective military branch. It’s important to understand the implications of this decision fully, as it may affect survivor benefits upon your passing. Ensure all forms are completed properly to avoid complications. USLegalForms is a great resource for those looking to understand this process better.
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