Get 158302 - Sponsor - Voya Financial

Filling out the 158302 - Sponsor - Voya Financial form online is a crucial step in managing your annuity transactions effectively. This guide will help you navigate each section of the form, ensuring all required information is provided accurately.

Follow the steps to fill out the 158302 - Sponsor - Voya Financial form.

1. Click 'Get Form' button to obtain the form and open it in the editor.
2. Fill in the purchase type by selecting either 'New Purchase' or 'Additional Payment to Existing Account' based on your current need. Make sure to check the appropriate box.
3. Provide owner information by entering the owner's name and, if applicable, the joint owner's name. Ensuring accurate names is vital for account processing.
4. Indicate the source of funds for your annuity investment by checking one of the provided options, such as a transfer or a direct rollover from an employer-sponsored plan.
5. Select your time horizon for the investment. Choose only one option that reflects your investment strategy—whether it is '3 years or less', '3-7 years', or '7 years or more'.
6. Assess your risk tolerance for this annuity investment by selecting one of the categories: 'Conservative', 'Moderately Conservative', 'Moderate', 'Moderately Aggressive', or 'Aggressive'.
7. Provide details regarding your income and expenses. Fill in the estimated annual gross income, estimated annual expenses, and specify the source(s) of income.
8. California residents must answer if they have a reverse mortgage by selecting 'Yes' or 'No'.
9. Complete the asset breakdown section by listing assets, their gross value, deductions for penalties, fees, and surrender charges. This provides a clear view of liquid assets.
10. In the proposed investment section, indicate today's investment amount and details of any existing annuities prior to this transaction, ensuring they are calculated accurately.
11. Provide the proposed annuity product details including the insurance company name, product name, surrender charge period, and any applicable percentages for fees and withdrawal percentages.
12. Fill in the annuity investment written explanations by detailing how the client will benefit from the annuity's features, describing any necessary replacements or exchanges, and indicating if any illustrations were shown.
13. Review risk disclosures and acknowledgments, confirming your understanding of the document, and ensure you have read all the offering documents.
14. Finally, sign and date the form, including signatures from any joint owners and the representative, before submitting. Make sure to keep a copy for your records.

Complete your documents online for a seamless experience.