Get Loan Payoff Form

Filling out the Loan Payoff Form online can be straightforward with the right guidance. This comprehensive guide will walk you through each step and section of the form to ensure you complete it correctly and efficiently.

Follow the steps to successfully complete the Loan Payoff Form online.

1. Click ‘Get Form’ button to obtain the form and open it in the editing interface.
2. In Section A, enter your plan information. Include the Plan ID, Plan Name, Plan Contact, and your Daytime Phone Number. Ensure that this information is accurate to avoid processing delays.
3. Move to Section B and provide your participant information. Fill in your Social Security Number (SSN), your full name, Date of Birth, Legal Address, City, State, Zip Code, and Daytime Phone Number.
4. In Section C, input the loan information and participant authorization. Indicate the amount of the attached check that you will be using to repay your loan. Specify the loan number you are paying off in full.
5. Sign and date the form. Your signature indicates your authorization for the loan payoff and confirms the details provided are correct.
6. Attach your payment, which can be in the form of an employer check, certified or cashier’s check, or money order. Ensure it is made payable to ‘Plan Name FBO Participant Name’.
7. Send the completed form along with your payment to the appropriate mailing address provided on the form for processing.
8. After submitting, you may want to verify the loan has been paid off by contacting the MassMutual Retirement Plan Information Line.

Begin the process of completing your Loan Payoff Form online today.