How Do I Apply for an Unforeseeable Emergency Withdrawal?
When life throws you an unexpected curve, it’s good to know you may have options to help you deal with financial emergencies.
An unforeseeable emergency is defined as a severe financial hardship experienced by you, your spouse or any of your plan beneficiaries.
How do I apply?
To apply for an emergency withdrawal, you will need to contact the State of Florida directly at:
State of Florida
Department of Financial Services
Division of Treasury – Bureau of Deferred Compensation
Things to keep in mind
Not all circumstances qualify as unforeseeable emergencies. If you are approved, you can’t request more than is reasonably needed to meet the emergency plus any additional taxes and penalties. Keep in mind that withdrawing large amounts from your account may make rebuilding your retirement investments more difficult in the future.
Get the help you need
Contact the State of Florida Bureau of Deferred Compensation at the number above.