Get The Hardship Withdrawal Request Form Is Used For Requesting Hardship Withdrawals From Your Savings

Completing the Hardship Withdrawal Request Form is an essential step for users seeking to access their savings for specific financial needs. This guide will provide you with a comprehensive, step-by-step approach to accurately filling out the form online.

Follow the steps to complete your hardship withdrawal request.

1. Click 'Get Form' button to access the Hardship Withdrawal Request Form and open it in your preferred document editor.
2. In Section I, provide all required personal information, including your name, social security number, address, and date of birth. Ensure that you fill this out clearly and accurately.
3. Move to Section II, where you need to validate your payment request. Here, if the request is for someone else, you should indicate the relationship by marking the appropriate box. Confirm your hardship reasons as per the specific conditions outlined in the section.
4. In Section III, indicate the amount of funds you are requesting. Decide whether to distribute the maximum amount available or to specify a certain dollar amount.
5. Proceed to Section IV to make a gross-up election. You are required to choose whether to increase your hardship amount by up to 30% to cover potential taxes and penalties.
6. In Section V, indicate your tax withholding preferences for both federal and state income tax. Remember, tax withholding is mandatory for withdrawals.
7. Review Section VI, which contains important information regarding the contribution suspension after a hardship withdrawal. Familiarize yourself with this policy.
8. If you have additional instructions or requirements, document them in Section VII. This can facilitate the processing of your distribution.
9. Sign and date Section VIII to authorize the hardship withdrawal. Your signature is mandatory for processing.
10. After completing all steps, you can save your changes, download, print, or share the completed form as necessary for submission.

Start filling out your Hardship Withdrawal Request Form online today to secure your financial needs.