Form Usa-381 - Systematic Withdrawal - 2015

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Allianz Life Insurance Company
of North America
PO Box 561
Minneapolis, MN 55440
Overnight Address:
Phone: 800.624.0197
5701 Golden Hills Drive
Fax: 800.721.2708
Minneapolis, MN 55416-1297
Systematic Withdrawal
SM
SM
The Allianz Connections
or Allianz Vision
Variable Annuity products will end the systematic withdrawal program once
Lifetime Plus Payments have begun.
• Withdrawals will be processed on the 9
of the month. If the 9
of the month is not a business day, please refer to your product prospectus
th
th
for additional information. The form must be received in good order no later than 4:00 p.m. Eastern time on the Business Day prior to the
processing date to begin withdrawals in the same month.
• Systematic withdrawal will continue until the Allianz Life Insurance Company of North America (Allianz) receives written
authorization to discontinue.
• $25,000 minimum contract value required.
• If you are requesting payments to satisfy IRC Sec. 72(t) or 72(q), also complete the Certification for IRC Sec. 72(t) or 72(q) form.
• Do not use this form for 403(b) contracts.
• Questions: Contact us Monday - Thursday 7 a.m. - 6 p.m., Friday 7 a.m. - 5 p.m. Central time
Maximum free withdrawal amount per year:
Allianz Alterity
®
Variable Annuity – 10 or 12% of purchase payments, cumulative
Allianz Charter II
®
Variable Annuity – 7% of purchase payments, noncumulative
Allianz Connections
SM
, Allianz Elite
SM
, High Five
®
Bonus, High Five
®
L, Allianz Index Advantage
®
and Rewards
®
Variable Annuities –
10% of purchase payments per year, noncumulative
Allianz Vision
and High Five
Variable Annuities – 12% of purchase payments, noncumulative
SM
®
Allianz Valuemark
®
IV Variable Annuity – 15% of contract value, noncumulative
Allianz Valuemark
®
II/III Variable Annuity – 15% of purchase payments, cumulative
1)
Contract number ___________________________________
2) Systematic withdrawal program (SWD)
Payment to begin: (month/year) _____ /_____
Withdrawals will decrease the Contract Value, death benefit, future income and any other guarantee values under your
Contract. We recommend that you review your prospectus and speak with your Registered Representative for further
details regarding the impact of withdrawals on your Contract.
Systematic withdrawal amount $___________ Withdrawal should be:
Quarterly
Monthly
Semiannual
Annual
SWD can be modified once each contract year and may be terminated by Allianz at any time. Funds will be removed prorated unless
instructed differently. Allianz will not be held liable for any losses or tax liability incurred as a result of systematic withdrawals.
3) Tax section – Complete for all disbursement requests
All, or part, of the payment you receive in connection with the surrender, withdrawal, or loan of a life insurance, endowment,
or annuity contract, including the values used to cancel any outstanding loan indebtedness, may be includable in your gross income
for tax purposes.
The taxable portion of the distribution is subject to federal (and potentially state) withholding unless you elect not to have withholding
apply. You may elect not to have withholding apply by marking the appropriate box below. If an election is not made, federal
income tax will be withheld from the taxable portion at the rate of 10%. Once the funds are distributed to you, Allianz will not
reverse federal or state withholding.
If you elect not to have withholding apply or if you do not have enough federal income tax withheld, you may be responsible for
payment of estimated tax. You may incur penalties under the estimated tax rules if your withholding and estimated tax payments are
not sufficient. You may wish to contact your tax advisor regarding any questions you may have about taxes.
I have read the above information and I DO NOT want to have federal income tax withheld from my payment.
I have read the above information and I DO want to have federal income tax withheld at the rate of _____%
(10% is the minimum allowed if withholding is elected.) I realize I will be subject to state income tax withholding if I elect federal
withholding and reside in a state where state tax withholding is mandatory.
USA-381
Page 1 of 3
(R-10/2015)

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