Historically, participants were required to submit a copy of their driver’s license for any request over $20,000, provided the request was not entered by a CSR. Effective immediately, we have increased the amount from $20,000 to $250,000 for all distribution and loan requests.
This change will apply to all requests - whether it is submitted via paper form, by a CSR, or entered directly by the participant. Previously, forms were required to be accompanied by a DL if the request was $500 or more.
Please see below for requirements for notarization requirements for forms.
Normal Distributions (in-service, lump sum, etc.):
- Forms: Notarization required if request over $500
Hardship Distributions with Self-Certification:
- Forms: no notary section
Hardship Distributions without Self-Certification:
- Forms: no notary section
Loans:
- Form/loan application: no notary section
Please note: All forms must have either a physical signature (handwritten on printed copy of documentation) or a certified electronic signature completed through DocuSign. If a participant does not have access to a printer, they should be directed to a CSR to assist with getting DocuSign versions of their form.