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Get Local 25 401(k) Fund
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How to fill out the LOCAL 25 401(k) FUND online
This guide provides clear instructions on filling out the LOCAL 25 401(k) FUND application for distribution due to coronavirus hardship. Users will find step-by-step guidance on each section of the form to ensure a smooth and successful application process.
Follow the steps to complete the LOCAL 25 401(k) FUND form
- Press the ‘Get Form’ button to access the application form electronically.
- Enter your full name in the designated field at the top of the form.
- Fill in your mailing address, ensuring to include the street address, city, state, and zip code.
- Provide your Social Security number in the specified area to confirm your identity.
- List your telephone number and cellphone number for contact purposes.
- Certify your eligibility by checking one of the boxes that explains your reason for requesting a distribution due to coronavirus hardship.
- Indicate the amount you wish to withdraw, ensuring that it does not exceed $100,000.
- Specify the percentage of taxes to be withheld from your distribution, noting that the default rate is 10% for federal taxes.
- Sign and date the application to confirm the information is accurate. If applicable, have your spouse sign and date the form as well, including a notarization if required.
- Review the completed form for accuracy and completeness before finalizing.
- Save any changes made to the form, then download, print, or share it as needed.
Complete your LOCAL 25 401(k) FUND application online now.
Most retirement experts recommend you contribute 10% to 15% of your income toward your 401(k) each year. The most you can contribute in 2023 is $22,500 or $30,000 if you are 50 or older (that's an extra $7,500).
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