Instructions for completing a Required Minimum Distribution (RMD) request
Click here to download the RMD Election form
1. Enter the following information in the IRA Owner Information section:
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- Full name
- Address
- Social security number
- Date of birth
- Type of IRA (check box for Traditional or Simple)
- IRA account number (member number)
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2. Choose the RMD Life Expectancy Calculation Method option that applies
3. Review the Payment Instruction details below and then fill out section A, B, and C
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- Nonperiodic Payment Election:
- For immediate distribution
- Enter the amount of your RMD (this amount was mailed to you in January)
- Enter the tax year – must be 2023
- For scheduled distribution of RMD amount
*Please note that this will continue until you notify TruMark Financial in writing- Select the frequency (monthly, quarterly, or annual)
- Enter a starting date
- For scheduled distribution (you are requesting the amount – this may or may not satisfy your RMD amount)
*Please note that this will continue until you notify TruMark Financial in writing- Enter amount you are requesting
- Select the frequency (monthly, quarterly, or annual)
- Enter a starting date
- For immediate distribution
- Payment Method
- Choose the option that applies to you – If you are choosing to deposit to a TruMark Financial account please enter the account type (i.e., savings, checking, money market) and account number (member number)
- Payment Detail
- This may be left blank
- Nonperiodic Payment Election:
4. Please sign and date the bottom of the page in the Signatures section
If you would like to change the federal holding default of 10% please complete this form
If you have any questions or concerns while completing this form, please contact us at 1-877-877-TRUMARK.