Estate of Judith Baker 3/9/2022 - Laserfiche WebLink

Bran 1 3 5• n_.,,., a 0 2 3 5 3 FARM 3 3 6 or securities has been executed, you will notify us of any errors, delays or other problems related to your request. In the event that it is determined your outgoing wire transfer request or request to disburse/transfer funds or securities is delayed or erroneously executed as a result of Morgan Stanley's error, Morgan Stanley's sole obligation to you, is to pay or refund such amounts as may be required by applicable law. In no event shall Morgan Stanley be responsible for any consequential or incidental damages or expenses in connection with your request. Any claim for interest payable by Morgan Stanley shall be al Morgan Stanley's internal Cast of Funds rate, You have a right to dispute errors in your transaction. If your wire transfer is to a foreign country, you have additional federal law protections for errors in processing your transfer. Please contact us within 180 days from the funds availabilityda to at 1-800-355-3086 to notify us of any such errors or other problems. You can also contact us for a written explanation of your rights for non-U.S. transfers. In any event, it you fail to notify us of any claim concerning your outgoing wire transfer request or request to disburse/transfer funds or securities within one year from the date that you receive notification that your request has been executed, any claim by you will be barred under apprcable law. Governing Law. This Agreement will be governed by the laws of the state of New York and United Sta es federal law, as applicable. Section 14—Payee Certification and IRA Owner or Beneficiary Signature By reading an signing this certification, I represent and warrant as follows: • I certify that have provided Morgan Stanley with correct information, and I understand that a distribution or distributions will be made from myMarge n Stanley IRA based onihat information, and as a result of this direction. • I cerlity tha his distribution request is in accordance with the provisions of the IRA and satisfies applicable federal and state law requirements. • I understand that I am responsible for maintaining sufficient cash or marketable securities in my account to support these distributions. • I understand that Morgan Stanley, its affiliates and Morgan Stanley financial Advisors and Private Wealth Advisors do not provide tax or legal advice, and that Morgan Stanley and its affiliates strongly recom mend that I consult my tax or legal advisor prior to completing and signing this fore. • I hereby indemnify and hold I:armlessMorgan Stanley and its affiliates for any tax consequences of this distribution request and tile elections made above. • Morgan Stanley may rely an my certification without further investigation or inquiry and shall not be liable far any misrepresentation of fact. • For income tax purposes, any and all securities distributed in -kind will be valued as ofthe close ofbusiness onthe day each asset isdistributed. • Morgan Stanley will process your request as soon as practical. Because the distribution will not commence until sometime after you sign your request, the value oi your IRA assets and taxable amounts being distributed may vary from their current value due to market fluctuations and Morgan Stanleywill not be responsible for any market fluctuations that result in a higher or fewer taxable incometeyou because of the timing of the distribution of your securities. • Verbal Distribution Authorization:1 hereby certify anytelephone instructions given pursuant to this authorization and agree Morgan Stanleywill not be liable for any losses resulting from unauthorized transactions if it follows reasonable procedures designed to veriythe caller. I understand that I am responsible for any consequences resulting from this distribution including taxes and penalties owed. I indemnify and hold Morgan Stanley and its affiliates harmless from any resulting liabilities. I understand that this authorization will be effective until written revocation or modification is received by Morgan Stanley as a separate letter of authorization to discontinue this privilege, whichever occurs first, Internal Transfers to another Morgan Stanley nonretirenrebt account require the IRA owner's name and tax identification number match the retail account. Any changes to withholding require written authorization by completing a new distribution form. • 72(t) Representations: I acknowledge (a) I have received or had made available the Morgan Stanley 72(t) calculator to provide distributions as well as the Morgan Stanley "A Guide to Taking 72(1) Distributions from your IRA;' (b) I am nonetheless solely responsible for the decision to take such distribution as well as determining the appropriate method and interest rate, and (c) I understand that if 1 fail to follow the tax requirements I will be responsible for all excise and income tax liabilities related to such failure, and that by doingthese early distributions I may have insufficient IRA assets In the future to fund future retirement needs, • One -per -year limit on IRA -to -IRA rollovers: I understand that effectiveJanuary 1, 2015 the IRS rule on indirect ERA -to -IRA rollovers subject to the 60 day rule now limits me to one IRA -to -IRA rollover during any 12 month period, no matter how many IRAs or the types of IRAs (traditional, Roth, SIMPLE, SEP, SAR-SEP), I may own. The 12 month period begins on the date I receive an IRA distribution that is subsequently rolled over into the same or another IRA, making any other distributions I receive from any type of IRA during that 12 month period ineligible for rollover into the same or another IRA. If I exceed the one -per -year limit an IRA -to -IRA rollovers, I will generally he subject to income taxes and may be subject to tax penalties. I further understand that tf 1 have any questions or concerns, I should consult my own legal or tax advisor with respect to such. City of Everett, Washington Everett Public Library (sIGNATU EOFjlRA1PARPGJRANr/O.WNER.ORBE assie Franklin, or 3 9 2Z ;QAJE; Section 15 Complex Manager or Other Complex Manager Qualified Delegate Signature (required for 72(t) distributions only) SIGNATURE OF BOMPLEN MANAGEf OR QUALIFIED DELEGATE Frlty IN"I-EMA PRINT NAME OF COMPLEX MANAGER OR QUALIFIED DELEGATE DATE to cf the Cray Atccro ay APPROVEC AS TO CEvid C. HE II. CityArtcrl.ey 2020 Morgan Stanley Smith Barney LLC. Member SiPC. Morgan Stanley ATti Deputy City Clerk IRA DISTRIBUTION FORM (D2/2020) RETIRACD RETIRACD WFD PLEASE RETURN ALL PAGES PAGE OF NY CS 9766902 02/2020