Withdrawals or Transfers. All requests for withdrawal or transfer will be in writing on a form provided by or acceptable to the custodian. The method of distribution must be specified in writing or in any other method acceptable to the custodian. The tax identification number of the designated beneficiary or death beneficiary must be provided to the custodian before the custodian is obligated to make a distribution. Withdrawals will be subject to all applicable tax and other laws and regulations, including but not limited to possible early distribution penalty taxes, surrender charges, and withholding requirements.
Appears in 12 contracts
Samples: Coverdell Esa Custodial Account Agreement, Coverdell Esa Custodial Account Agreement, Coverdell Esa Custodial Account Agreement
