Understanding the PBGC Form 710 can be crucial for individuals awaiting pension benefits. This form serves as the application for electronic direct deposit (EDD), a key step for securing prompt and secure delivery of pension payments. Managed by the Pension Benefit Guaranty Corporation, a U.S. governmental agency, the form allows pension recipients to have their monthly payments transferred directly to a bank or another financial institution. Essential for a smooth transition into retirement, the direct deposit process promises both convenience and reliability. Applicants are required to supply general personal details, sign to authorize the PBGC to execute the deposit, and provide information about their financial institution. This setup not only streamlines the transaction process but also minimizes the risks associated with physical checks. With provisions for both standard banking accounts and Electronic Transfer Accounts (ETA), the PBGC Form 710 is designed to cater to a wide range of financial arrangements, ensuring that every retiree has access to their deserved benefits in a manner that suits their needs best. For assistance or to make changes to existing direct deposit arrangements, the PBGC has made support readily available through their customer contact center.
| Question | Answer |
|---|---|
| Form Name | Pbgc Form 710 |
| Form Length | 2 pages |
| Fillable? | No |
| Fillable fields | 0 |
| Avg. time to fill out | 30 sec |
| Other names | 710 pbvgcxudo form |
Application for Electronic Direct Deposit
PBGC Form 710
Approved OMB
Pension Benefit Guaranty Corporation.
P.O. Box 151750, Alexandria, Virginia
For assistance, call
Plan Name: FX.PrismCase.CaseTitle.XF |
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Plan Number: FX.PrismCase.CaseIdNmbr.XF |
Participant Name : FX.PrismCust.FullName.XF |
Date Printed: 12/03/2010 |
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Date of Plan Termination: FX.PrismCase.DOPT.XF |
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INSTRUCTIONS: Please complete this form to have PBGC send your pension benefit payments directly to your bank or other financial institution through electronic direct deposit (EDD). This form may also be used for an Electronic Transfer Account (ETA). Your name must be on the account. If you have questions, call our Customer Contact Center at
1. General information about you
Plan Name (as shown on check)
Last Name |
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First Name |
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Middle Name |
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Other Name(s) Used |
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Social Security Number |
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PBGC Plan Number |
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Mailing Address |
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Apartment / Route Number |
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Daytime Phone
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EXTENSION
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Evening Phone
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2.Signature – I hereby authorize PBGC to deposit my pension benefit funds into my account. I understand that I may change this election in the future.
SIGNATURE |
DATE |
CONTINUE
Application for Electronic Direct Deposit |
Form 710, page 2 of 2 |
Plan Number: FX.PrismCase.CaseIdNmbr.XF |
Participant Name: FX.PrismCust.FullName.XF |
3.Financial institution information – Please provide the information in this section to have your payment sent directly to a financial institution. The information is available from your financial institution or can be found on your checks, account statement or deposit slip. The sample check below shows the location of your
Name of Financial Institution
Mailing Address
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Zip Code |
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Name of contact person |
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Phone Number |
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Routing Number |
Account Number |
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Name(s) on the Account (Your name must be on the Account)
Account Type
Checking
Savings
PLEASE SIGN & DATE THIS FORM ON PAGE 1