Procedures for Withdrawals. Subject to Section 7.1 above, Cemetery Authority reserves the right to establish specific forms and procedures to be used and followed by Trustee in the handling of deposits to and withdrawals from Cemetery Authority’s Preneed Trust Fund. Such forms and procedures, and any changes thereto, shall be communicated to Trustee by Cemetery Authority in writing, and Trustee shall use commercially reasonable efforts to make use of and comply with such forms and procedures after receipt thereof.
Procedures for Withdrawals. Subject to Section 7.1 above, Funeral Establishment reserves the right to establish specific forms and procedures to be used and followed by Trustee in the handling of deposits to and withdrawals from Funeral Establishment’s Preneed Trust Fund. Such forms and procedures, and any changes thereto, shall be communicated to Trustee by Funeral Establishment in writing, and Trustee shall use commercially reasonable efforts to make use of and comply with such forms and procedures after receipt thereof.
Procedures for Withdrawals. All distributions from this SIMPLE IRA must be requested in writing on a form provided to the participant by the Custodian. After the withdrawal form has been completed and executed by the recipient, the form must be either hand- delivered to the Custodian during normal business hours or mailed to the Custodian by first class mail, certified or registered mail prepaid through the U.S. Postal Service, or through any means of an expedited delivery service. After receipt of a properly executed withdrawal form, the Custodian will process the distribution as soon as administratively feasible.
Procedures for Withdrawals. Except for advisory and maintenance fees incurred by the Account, only you, as the Account Owner, may direct withdrawals from your Account. To make a withdrawal from an Account, you must request a withdrawal online and provide such other information or documentation as the Plan may require. The withdrawal request will generally be processed from the Account within three (3) business days of acceptance of the request. During periods of market volatility and at year-end, withdrawal requests may take up to five (5) business days to process. Please allow ten (10) business days for the proceeds to reach you. The frequency of withdrawals in a single month may be limited. A minimum withdrawal amount also may be established by the Plan. Withdrawals will be paid to the Account Owner, Beneficiary or Eligible Educational Institution by following the online instructions or by contacting Wealthfront at xxxxxxx@xxxxxxxxxxx.xxx or 844-995-8437 for assistance. Payments to the Account Owner can be either by ACH or wire transfer, but payments to the Beneficiary or Eligible Educational Institution can only be made by check. Withdrawals for K-12 Tuition will be made to the Account Owner only. Withdrawals may be subject to federal and/or state tax withholding. Under federal law, the earnings portion of non-qualified
Procedures for Withdrawals. Except for advisory and maintenance fees incurred by the Account, only you, as the Account Owner, may direct withdrawals from your Account. To make a withdrawal from an Account, you must request a withdrawal online and provide such other information or documentation as the Plan may require. The withdrawal request will generally be processed from the Account within three (3) business days of acceptance of the request. During periods of market volatility and at year-end, withdrawal requests may take up to five (5) business days to process. Please allow ten (10) business days for the proceeds to reach you. The frequency of withdrawals in a single month may be limited. A minimum withdrawal amount also may be established by the Plan. Withdrawals will be paid to the Account Owner, Beneficiary or Eligible Educational Institution by following the online instructions or by contacting Wealthfront at xxxxxxx@xxxxxxxxxxx.xxx or 844-995- 8437 for assistance. Payments to the Account Owner can be either by ACH or wire transfer, but payments to the Beneficiary or Eligible Educational Institution can only be made by check.
Procedures for Withdrawals. (The Employer will provide each employee with the procedures for withdrawals of contributions received by the financial institution selected by that employee, and that financial institution’s name and address (by attaching that information or inserting it in the space below) unless: (1) that financial institution’s procedures are unavailable, or (2) that financial institution provides the procedures directly to the employee. See Employee Notification in the instructions.)
Procedures for Withdrawals. If you fail to provide the employee notification (including the summary description) described above, you will be liable for a penalty of $50 per day until the notification is provided. If you can show that the failure was due to reasonable cause, the penalty will not be imposed. If the financial institution’s name, address, or withdrawal procedures are not available at the time the employee must be given the summary description, you must provide the summary description without this information. In that case, you will have reasonable cause for not including this information in the summary description, but only if you ensure that it is provided to the employee as soon as administratively feasible.
Procedures for Withdrawals. Only the Account Owner of an account may direct withdrawals For purposes of changing the designated beneficiary, a “member of the family” of the designated beneficiary is defined under Section 529 as: • Father, mother, or an ancestor of either • Son, daughter, or a descendant of either • Stepfather or stepmother • Xxxxxxx or stepdaughter • Brother, sister, stepbrother or stepsister • Brother or sister of the father or mother • Brother-in-law, sister-in-law, son-in-law, daughter-in-law, father- in-law, or mother-in-law • Son or daughter of a brother or sister from the account. To make a withdrawal from an account, the Account Owner must submit a Withdrawal Request Form to the Program Manager in good order and provide such other information or documentation as the Plan may from time to time require. Qualified withdrawals made payable to the Account Owner or an Eligible Educational Institution may also be requested by phone or online by providing verifying account information to the Program Manager upon request. The Program Manager generally will process the withdrawal from the account within three (3) business days of accepting the request. During periods of market volatility and at year-end, withdrawal requests may take up to five (5) business days to process. Please allow ten (10) business days for the proceeds to reach you. The frequency of withdrawals in a single month may be limited. A minimum withdrawal amount may also be established. A fee may be charged for withdrawals made by federal wire. Withdrawals may be subject to federal and/or state tax withholding. For purposes of determining whether a withdrawal is taxable or subject to the 10% additional tax, the Account Owner must determine whether the withdrawal is made in connection with the payment of qualified higher education expenses, as defined under the Code and discussed below or fits within one of the exceptions to treatment as a nonqualified withdrawal as discussed below.
