Get Massmutual Surrender Form 2020-2025

Filling out the Massmutual Surrender Form online is an essential process for policy owners who wish to withdraw dividends or surrender their policy. This guide will provide you with clear and concise steps to ensure that you complete the form accurately and effectively, tailored to meet your needs.

Follow the steps to fill out the Massmutual Surrender Form online effortlessly.

1. Click ‘Get Form’ button to obtain the form and open it in the editor.
2. Enter your policy information in the designated sections at the top of the form. Be sure to include policy number(s), insured(s) names, and owner(s) names, along with the complete address including city, state, and ZIP code.
3. Indicate if this is a new address by checking the appropriate box, and provide your daytime phone number and email address.
4. In the 'Withdraw or Apply Dividends' section, choose your options for dividend withdrawals. Specify whether you wish to withdraw from accumulated dividends, surrender dividend additions, or additional benefit riders, and provide the maximum specified amounts where applicable.
5. Complete the 'Changes' section if you wish to cancel any benefits or modify dividend options. Be sure to check any options that apply.
6. In the 'Withholding Election and Required Notice' section, read the notice carefully. Select whether you want federal income tax withheld or not, ensuring clarity on your election.
7. Complete the 'Payee/Mailing Address' section only if different from the owner’s address. Include the payee's name and address, and select the delivery option for how you would like to receive your payment.
8. Provide your Tax ID, selecting SSN or EIN appropriately, and verify the correctness of your Taxpayer Identification Number.
9. Have the policy owners sign in the appropriate sections. All owners must sign, and the date should also be included.
10. If applicable, provide a Notary Public stamp for distributions greater than $50,000 in cases where the proceeds are payable to someone other than the owner or if an address has recently changed.
11. Review the 'Customer Service Information' to understand how to submit your completed form. Prepare to mail or fax the form to the listed address.

Complete your Massmutual Surrender Form online today for a hassle-free process.