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Get Uscg Cg-4700 2013
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How to fill out the USCG CG-4700 online
This guide provides clear and supportive instructions for filling out the USCG CG-4700, the Coast Guard, PHS & NOAA Retired Pay Account Worksheet and Survivor Benefit Plan Election form. By following these steps, users can successfully complete the form and ensure their information is submitted accurately.
Follow the steps to fill out the USCG CG-4700 online effectively.
- Click ‘Get Form’ button to obtain the form and open it in the editor.
- Complete Section I: Identification and Address. Provide your approved retirement date, rank/pay grade, employee ID number, date of birth, correspondence address, and contact telephone numbers. If any information does not apply, enter N/A.
- Fill out Section II: Pay Delivery. Indicate whether to continue direct deposit to the same account or provide new banking details, including account type, routing transit number, and account number.
- In Section III: Tax Withholding Information, select marital status, total exemptions claimed, and complete any additional withholding requests. Ensure to refer to IRS and state tax forms for accuracy.
- Designate beneficiaries in Section IV: Designation of Beneficiaries for Unpaid Retired Pay. Include names, Social Security numbers, dates of birth, relationships, addresses, and the percentage of the total benefit for each beneficiary.
- Complete Section V: Certification Data for Payment of Retired Personnel, providing truthful statements regarding national security offenses and other pertinent conditions.
- In Section VI: Survivor Benefit Plan Election, answer questions about marital status and dependent children, and choose the desired coverage options for the Survivor Benefit Plan.
- If applicable, complete Section VII: SBP Spousal Concurrence, ensuring your spouse's signature is obtained and notarized where required.
- Complete Section VIII: Declaration of Service, providing information on prior military service and its relevance to your retired pay.
- Finally, review the entire form for accuracy, sign where required, and submit the completed document through the appropriate channels. Ensure to save any changes, download, print, or share the completed CG-4700.
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Yes, you can retire from the Coast Guard after completing 20 years of service. This early retirement option allows members to benefit from their service while receiving a pension. The USCG CG-4700 plan supports those who choose to retire early, helping them transition smoothly into retirement by providing necessary resources.
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