REASON FOR DISTRIBUTION Sample Clauses

REASON FOR DISTRIBUTION. □ □ □ Normal Distributio n (Account holder age 591/2 or over; includes Require d Minimum Distributions) □ Early Distribution (Account holder must be under age 591/2 - IRS penalty applies unless rollover occurs within 60 days) □ □ □ IRA Trustee to Trustee transfer*- Liquidate and move proceeds to NOW account (Proceeds will remain in NOW account until TOA paperwork is received). Permanent Disability (Account holder meets disability qualific ations under Section 72(m)(7) of IRS Code) □ □ □ Death (Beneficiary must provide an original or a certified copy of the account holder's Death Certificat e; W-9 required) Return of Excess Contribution Plus Earnings: For what year was the contribution made? □ Current Year □ Prior Year** Recharacterization: For what year was the contribution made? □ Current Year □ Prior Year** Direct Xxxx XXX Conversion *Pleas e note that if requesting an IRA Trust ee to Trustee transfer you need to contact the accepting custodian and complet e their transfer (TOA) paperw ork. A Medallion Signat ure Guarant ee stamp may be required on their transfer form. □ □ Normal Distribut ion (Account holder age 591/2 or over) □ Early Distribution (Account holder must be under age 591/2 - IRS penalty applies unless rollover occurs within 60 days) □ IRA Trustee to Trustee transfer *- Liquidate and move proceeds to NOW account (Proceeds will remain in NOW account until TOA paperwork is received). □ Permanent Disability (Account holder meets disability qualific ations under Section 72(m) (7) of IRS Code) □ Death (Beneficiary must provide an original or a certified copy of the account holder's Death Certific at e; W-9 required) □ Return of Excess Contribution plus Earnings: For what year was the contribution made? □ Current Year □ Prior Year** □ Recharacteriz ation: For what year was the contribution made? □ Current Year □ Prior Year** *Pleas e note that if requesting an IRA Trust ee to Trustee transfer you need to contact the accepting custodian and complet e their transfer (TOA) paperw ork. A Medallion Signat ure Guarant ee stamp may be required on their transfer form. **Deadline to recharacterize a contribution or remove an excess contribution is the IRA Owner's tax filing deadline (for the tax year of the contribut ion), plus any extensions including an autom atic 6-mont h extension for those who file by the tax deadline.

REASON FOR DISTRIBUTION. Indicate the reason for the distribution (check one and complete):