Form 5 2 application to withdraw or transfer up to 50 of the money transferred into a schedule 1 1 lif 2026

1. Click ‘Get Form’ to open it in the editor.
2. In Part 1, provide your full name, date of birth, mailing address, and contact information. Ensure accuracy as this identifies you as the owner of the Schedule 1.1 LIF.
3. Still in Part 1, enter details about your Schedule 1.1 LIF including the financial institution's name and your policy or account number.
4. Move to Part 2 and specify the date when the money was transferred into your Schedule 1.1 LIF and how much was transferred on that date.
5. Indicate how much you wish to withdraw or transfer, ensuring it does not exceed 50% of the amount specified previously.
6. Complete Part 3 by certifying your application in front of a witness. Choose the appropriate certification box based on your marital status.
7. If applicable, have your spouse complete Part 4 for their consent if you indicated they are involved in the transaction.
8. Once all parts are completed, submit the application to your financial institution for processing within the required timeframe.

Start using our platform today for free to streamline your document editing and form completion!