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ENROLLMENT FORM (M) sip.jhrps.com The purpose of this form is for you to instruct your employer to deduct part of your current pay for contribution into your Plan account. You will generally not owe.

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How to fill out the Sip Jhrps online

This guide provides clear and detailed instructions for completing the Sip Jhrps online form. By following these steps, you will be able to successfully submit your contributions for your Plan account.

Follow the steps to fill out the form online

  1. Press the ‘Get Form’ button to access the online version of the Sip Jhrps form.
  2. Begin by entering your participant information. Fill in your name, telephone number, social security number, email address, address, employer name, union name, date of birth, date of hire, union local number, and indicate your sex and marital status.
  3. For the elective contribution election section, specify the dollar amount you wish to contribute from each pay period. Ensure that the amount is a whole dollar and meets the minimum requirement.
  4. In the investment allocation election section, indicate the percentages for the investment options you choose. All percentages should add up to 100%. Use whole numbers only and avoid fractions.
  5. Read the authorization section carefully and provide your signature along with the date to confirm your consent for the contributions to be deducted from your paycheck.
  6. Once you have completed all sections of the form, review your entries for accuracy. You can save your changes, download, print, or share the completed form as needed.

Complete your Sip Jhrps form online today to ensure your contributions are processed efficiently.

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Your 401(k) will make money or lose money based on the strength of the stocks and mutual funds in which you invest. Your balance is likely to drop when the market drops, depending on what funds you've chosen. Since investments are not insured by the Federal Deposit Insurance Corp.

You can call us at 800-344-1029 to enroll in telephone withdrawal authorization over the phone and elect to take a withdrawal. You can also complete this form entirely online: Visit the forms page at johnhancock.com/annuities. Find the Withdrawal request form (IRA and nonqualified).

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.

The Supplemental Income 401(k) Plan (SIP) is a large multi-union, multi-employer, collectively bargained Taft-Hartley 401(k) plan which over $1.2 billion in assets and 26,000 participants. It is well established and is currently offered by many unions and hundreds of their employers nationwide.

Payments will arrive in your financial institution account within 3–5 business days.

Can you transfer your 401k to your bank? Once you have attained 59 ½, you can transfer funds from a 401(k) to your bank account without paying the 10% penalty. However, you must still pay the withdrawn amount's ordinary income (Federal and State).

By age 59.5 (and in some cases, age 55), you will be eligible to begin withdrawing money from your 401(k) without having to pay a penalty tax. You'll simply need to contact your plan administrator or log into your account online and request a withdrawal.

Many retirement planners suggest the typical 401(k) portfolio generates an average annual return of 5% to 8% based on market conditions. But your 401(k) return depends on different factors like your contributions, investment selection and fees.

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