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  • Ma Massmutual Rs-35645-00 2017

Get Ma Massmutual Rs-35645-00 2017-2025

Ll MassMutual s Customer Service Center 1-800-854-0647 Do not use this Form to: complete your initial Plan enrollment. Fax 1-800-220-2913 Online www.massmutual.com/corp MassMutual will not process this form until it is received in good order. Please see the Important Information Section for information on "Good Order" requirements. Section A - Plan Information Plan ID Plan Name Plan Contact Daytime Phone Number Section B - Participant Information Change Name Participant Name Chan.

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The Massachusetts Mutual Life Insurance Company, also known as MassMutual, is a Springfield, Massachusetts-based life insurance company. MassMutual provides financial products such as life insurance, disability income insurance, long term care insurance, retirement/401(k) plan services, and annuities.

You can withdraw your contributions (that's the original money you put into the account) tax- and penalty-free. But you'll owe ordinary income tax and a 10% penalty if you withdraw earnings (i.e. gains and dividends your investments made inside the account) from your Roth 401(k) prior to age 59 1/2.

If you cash out your 401(k) plan you will have to pay the deferred income tax liability on all of the contributions and gains in the account at that time. Moreover, if you are under age 59.5, you will be hit with a 10% early withdrawal penalty, making it an even less attractive option.

Failure to repay your loan will be considered a distribution on the unpaid balance and you will owe taxes (at your marginal income tax rate). If you are younger than age 59-1/2, you will also owe a 10 percent early withdrawal penalty on the amount you have not paid back.

The loan generally cannot exceed 50 percent of your vested account balance or $50,000 within a 12-month period—whichever is less. You must repay the loan within five years (unless used to purchase a principal residence or you are on active military duty).

MassMutual: A Life Insurance & Financial Services Company.

MassMutual Pension Plan MassMutual offers a cash balance pension plan for employees.

Your contributions, and any matching contributions from your former employer for which you are vested, are yours to do with what you choose. That includes cashing out.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232