Paychex request distribution form 2026

1. Click ‘Get Form’ to open the paychex request distribution form in our platform.
2. Begin by entering the Company Name and Plan # in the designated fields. Ensure that these details are accurate as they are required for processing.
3. For balances less than $1,000.00, select the option to instruct Paychex Retirement Services to issue a check to the employee, noting that a mandatory 20% federal tax will be withheld.
4. If the balance is greater than $1,000.00, indicate your choice regarding automatic rollover by selecting the appropriate checkbox and providing the IRA company name and address.
5. List each employee subject to involuntary distribution by filling in their names, last four digits of their Social Security numbers, and current addresses. Make sure all information is up-to-date.
6. Finally, ensure that you sign and date the form as the Plan Administrator, including your contact information for any inquiries.

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