Principal 401k cash out form 2026

1. Click ‘Get Form’ to open the principal 401k cash out form in the editor.
2. Begin by filling out Section 1, which requires your personal information. Ensure you print clearly using black ink, including your name, contract number, and Social Security number.
3. In Section 2, select the type of withdrawal you are requesting. Options include Qualified Reservist Distribution, Hardship Withdrawal, or Voluntary Withdrawal. Refer to your plan document for eligibility.
4. Proceed to Section 3 to specify the amount you wish to withdraw. You can choose a specific dollar amount or a percentage of your account balance.
5. In Section 4, indicate your preferences for income tax withholding. Decide if you want Principal Life to withhold federal and state taxes from your withdrawal.
6. Complete Section 5 by signing and dating the form. This confirms that you understand the implications of your withdrawal.
7. Finally, review all sections for accuracy before submitting the form through our platform for processing.

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