Yes! You can use AI to fill out Fidelity Investments Withdrawals—529 College Savings Plan
This form is used by participants (owners) of a Fidelity 529 College Savings Plan to request a one-time distribution of funds. It facilitates various types of withdrawals, including payments for qualified education expenses, rollovers to another 529 plan, or transfers to a Roth IRA for the beneficiary. Completing this form accurately is crucial for accessing your savings while complying with IRS regulations. Today, this form can be filled out quickly and accurately using AI-powered services like Instafill.ai, which can also convert non-fillable PDF versions into interactive fillable forms.
Our AI automatically handles information lookup, data retrieval, formatting, and form filling.
It takes less than a minute to fill out Fidelity 529 Withdrawal Form using our AI form filling.
Securely upload your data. Information is encrypted in transit and deleted immediately after the form is filled out.
Form specifications
| Form name: | Fidelity Investments Withdrawals—529 College Savings Plan |
| Number of pages: | 1 |
| Language: | English |
Instafill Demo: How to fill out PDF forms in seconds with AI
How to Fill Out Fidelity 529 Withdrawal Form Online for Free in 2026
Are you looking to fill out a FIDELITY 529 WITHDRAWAL FORM form online quickly and accurately? Instafill.ai offers the #1 AI-powered PDF filling software of 2026, allowing you to complete your FIDELITY 529 WITHDRAWAL FORM form in just 37 seconds or less.
Follow these steps to fill out your FIDELITY 529 WITHDRAWAL FORM form online using Instafill.ai:
- 1 Navigate to Instafill.ai and upload the Fidelity 529 Withdrawal form or select it from their template library.
- 2 Provide the Participant (Owner) and Beneficiary (Student) details, including names and Social Security or Taxpayer ID numbers.
- 3 Enter the 529 account number and specify the reason for the request, such as a standard withdrawal, a 529-to-529 rollover, or a 529-to-Roth IRA transfer.
- 4 Indicate the distribution amount, choosing to withdraw all assets or specifying dollar amounts from particular portfolios.
- 5 Select the desired distribution method, such as a check, electronic funds transfer (EFT), bank wire, or a direct transfer to another Fidelity account, and provide the necessary details.
- 6 Review all the information auto-filled by the AI for accuracy, ensuring all sections, including payee and bank details, are correct.
- 7 Electronically sign and date the form, then submit it following Fidelity's instructions, paying close attention to any Medallion signature guarantee requirements for your specific transaction.
Our AI-powered system ensures each field is filled out correctly, reducing errors and saving you time.
Why Choose Instafill.ai for Your Fillable Fidelity 529 Withdrawal Form Form?
Speed
Complete your Fidelity 529 Withdrawal Form in as little as 37 seconds.
Up-to-Date
Always use the latest 2026 Fidelity 529 Withdrawal Form form version.
Cost-effective
No need to hire expensive lawyers.
Accuracy
Our AI performs 10 compliance checks to ensure your form is error-free.
Security
Your personal information is protected with bank-level encryption.
Frequently Asked Questions About Form Fidelity 529 Withdrawal Form
This form is used to make a one-time withdrawal, a 529-to-529 rollover, or a 529-to-Roth IRA transfer from your Fidelity 529 College Savings Plan account.
The participant (the account owner) or an authorized individual acting on behalf of the owner must complete and sign the form.
No, you must complete a separate withdrawal form for each individual 529 plan account you wish to make a withdrawal from.
In Section 5, select the option for a check paid to an eligible educational institution. You will need to provide the institution's name, address, and the student's ID number.
In Section 3, you can choose to either close the account or leave it open for future contributions. If you do not make a selection, the account will default to remaining open.
A Medallion signature guarantee is a special stamp from a financial institution that verifies your signature and identity. It is required for withdrawals over $100,000, all bank wires, and rollovers to another plan over $10,000, among other specific cases.
For the fastest processing, you can scan the QR code on the form or go to Fidelity.com/upload-529Withdrawal to submit your documents digitally. You can also find mailing instructions on Fidelity's website if needed.
Yes, you can transfer funds to a Roth IRA for the beneficiary if the 529 account has been open for at least 15 years and other IRS conditions are met. These transfers are subject to annual contribution limits and a lifetime maximum of $35,000.
No, this form can only be used if you already have EFT instructions established on your account. To add EFT, you must visit Fidelity.com/eft or complete the separate EFT Authorization form first.
Yes, non-qualified withdrawals could trigger taxes and penalties, and Fidelity will report all withdrawals to the IRS. It is your responsibility to ensure compliance, so you may want to consult a tax advisor.
Yes, services like Instafill.ai use AI to accurately auto-fill form fields with your information, which can save you time and help prevent errors.
Simply upload the form to the Instafill.ai platform, and its AI will identify the fields and automatically populate them with your saved information. You can then review, edit, and complete the form digitally.
If you have a non-fillable or 'flat' PDF, you can use a service like Instafill.ai to convert it into an interactive, fillable form. This allows you to easily type your information directly into the fields online.
Compliance Fidelity 529 Withdrawal Form
Validation Checks by Instafill.ai
1
Participant and Account Number Verification
This check verifies that the combination of the Participant's Name, Social Security or Taxpayer ID Number, and the 529 Account Number provided in Sections 1 and 3 correspond to a valid, active account in Fidelity's system. This is a critical first step to prevent fraud and ensure the request is applied to the correct account. If the information does not match an existing account, the form submission will be rejected.
2
Beneficiary Information Validation
Ensures the Beneficiary's Name and Social Security or Taxpayer ID Number provided in Section 2 are correct for the specified 529 Account Number. This is vital for tax reporting purposes (Form 1099-Q) and for certain transaction types like a 529-to-Roth IRA transfer, which must go to a Roth IRA owned by the beneficiary. An incorrect beneficiary would lead to processing failure and potential tax complications.
3
SSN and TIN Format Validation
Validates that the Social Security Number (SSN) or Taxpayer ID Number (TIN) for both the participant and the beneficiary are entered in a valid format (e.g., XXX-XX-XXXX or XX-XXXXXXX). This check prevents data entry errors that would cause the primary account verification to fail. A malformed ID number will halt processing until it is corrected.
4
Exclusive Request Reason Selection
Verifies that exactly one 'Request Reason' checkbox is selected in Section 3 ('529-to-529 rollover', '529-to-Roth IRA transfer', or '529 withdrawal (other)'). Selecting multiple or no options creates ambiguity in how the withdrawal should be processed and reported. If this rule is violated, the form will be considered incomplete and returned for clarification.
5
Distribution Amount Logic and Sufficiency
This check ensures the distribution amount in Section 4 is specified logically and that funds are available. It validates that either 'ALL assets' is checked or at least one portfolio with a specific dollar amount is listed, but not both. Furthermore, it confirms that the requested dollar amount does not exceed the available balance in the specified portfolio(s). An insufficient funds error will prevent the transaction from being processed.
6
Exclusive Distribution Method Selection
Confirms that only one primary distribution method is chosen in Section 5 (e.g., Check Payment, Transfer, EFT, Bank Wire). The form's structure with multiple sub-options under different headings can lead to confusion. This validation prevents contradictory instructions, which would force a manual review or rejection of the request.
7
Conditional Requirement for Student ID
If the distribution method is a check payable to an 'eligible educational institution' (Section 5), this validation ensures the 'Student ID' field is populated. The Student ID is essential for the educational institution to correctly credit the payment to the student's tuition account. Failure to provide it can result in significant delays or misapplication of funds by the school.
8
Roth IRA Transfer Consistency Check
This rule cross-references Section 3 and Section 5. If the 'Request Reason' is a '529-to-Roth IRA transfer', it validates that a '529-to-Roth IRA Transfer' option is selected as the distribution method and that all required details, such as the Fidelity or External Roth IRA account number, are provided. A mismatch would indicate a user error and prevent the specialized transfer from being executed correctly.
9
EFT Pre-Authorization Verification
When 'Electronic funds transfer (EFT)' is selected in Section 5, the system must verify that valid EFT instructions are already established on the 529 account. The form explicitly states it cannot be used to set up new instructions. If no pre-authorized bank information exists, the request will default to a check mailed to the address of record, as stated on the form.
10
Bank Wire Information Completeness
If 'Bank Wire' is selected as the distribution method, this check mandates that all associated fields are complete, including Wire Recipient, Bank Routing/ABA Number, Bank Name, and Account Number. Wires are immediate and often irreversible, so complete and accurate information is paramount to prevent loss of funds. Any missing information will cause the wire request to be rejected.
11
Bank Routing Number Structure
Validates that any provided 'Bank Routing / ABA Number' is a 9-digit numeric value. This is a standard format for all U.S. financial institutions. An incorrectly formatted routing number will cause an EFT or wire transfer to fail, so this check prevents processing errors and payment delays.
12
Medallion Signature Guarantee Requirement
This is a complex conditional validation that checks if a Medallion Signature Guarantee is required based on the rules outlined in Section 6. It assesses the withdrawal amount, payment method (e.g., any bank wire), and payee details. If the transaction meets the criteria (e.g., withdrawal > $100,000), the system must confirm a valid guarantee is present on the form, otherwise the high-risk transaction will be rejected.
13
Participant Signature and Date Validation
Ensures that the participant has signed the form and provided a date in Section 6. The signature legally authorizes Fidelity to perform the withdrawal, and the date establishes when the authorization was given. A missing signature or date invalidates the entire request, and the form will be returned to the sender.
14
Rollover Payee Details Completeness
If the distribution method is a 'Rollover check payable to the following company and plan', this check ensures the 'Company / Plan Name' and 'Account / Plan Number' fields are completed. This information is crucial for the receiving institution to properly credit the rollover into the new account. Incomplete information would result in a check with an ambiguous payee, causing rejection by the receiving plan.
15
Zero-Balance Account Status Selection
This validation triggers if the requested withdrawal amount will bring the account balance to zero. It checks if the participant has made a selection in Section 3 to either 'Close account' or 'Leave account open'. This choice affects future account maintenance and contributions, and ensuring a selection is made (or the default is applied) prevents ambiguity in account servicing.
Common Mistakes in Completing Fidelity 529 Withdrawal Form
This form requires a Medallion Signature Guarantee for many common transactions, such as withdrawals over $100,000, all bank wires, and rollovers over $10,000. People often misunderstand this requirement or confuse it with a more common notary stamp, which is not acceptable. Submitting the form without the required guarantee, or with a notary stamp instead, will result in an automatic rejection and significant processing delays.
The 529-to-Roth IRA transfer is a new feature with strict IRS rules, including that the 529 account must be at least 15 years old and funds must have been in the account for over 5 years. Users often overlook these requirements, as the responsibility for compliance falls on them. An ineligible transfer can be rejected or, worse, processed and later deemed a non-qualified withdrawal, leading to taxes and penalties.
In Section 4, a user might select 'ALL assets in this account' while also specifying dollar amounts from individual portfolios. This creates a conflicting instruction for the processor. This ambiguity forces Fidelity to halt the request and contact the participant for clarification, delaying access to the funds until the user's true intent is confirmed.
When requesting a check be sent directly to an educational institution, filers often forget to include the beneficiary's Student ID number in Section 5. Without this ID, the school's bursar or financial aid office may be unable to correctly apply the payment to the student's account. This can lead to payment processing delays, mistaken account delinquencies, and potential late fees for the student.
Users frequently select the EFT option in Section 5, assuming they can provide their bank details on this form to set it up. However, the form clearly states that EFT instructions must already be in place on the account before submitting the request. If EFT is not pre-established, the request defaults to a paper check mailed to the address of record, which is much slower and may not be the user's desired outcome.
In Sections 1 and 2, it is common for the account owner (Participant) to accidentally enter the student's (Beneficiary's) Social Security Number as their own, or vice versa. This mix-up causes a data mismatch that will halt processing. It can also lead to the IRS Form 1099-Q being issued to the wrong individual, creating tax reporting complications.
In Section 3, filers sometimes neglect to specify the 'Request Reason,' failing to check if it's a standard withdrawal, a 529-to-529 rollover, or a 529-to-Roth IRA transfer. The form defaults to a '529 withdrawal (other),' which is treated as a potentially taxable distribution. If the user intended a tax-free rollover, this oversight could result in significant, unintended tax consequences.
Because this is a static PDF that must be printed and filled out, illegible handwriting is a frequent cause for rejection, especially with long account numbers or addresses. Users also sometimes forget to scan and upload all pages of the form, particularly the signature page. An incomplete or unreadable form is considered 'not in good order' and will be rejected, forcing the user to start the entire process over. AI-powered tools like Instafill.ai can prevent this by converting the PDF into a fillable version, ensuring all data is typed and legible.
When filling out the Bank Wire section, users may accidentally transpose digits in the ABA routing number or the bank account number. They may also omit critical 'For Further Credit' instructions needed when wiring funds to a brokerage account. Such errors can cause the wire transfer to fail, be sent to the wrong account, or be significantly delayed while the financial institutions attempt to resolve the discrepancy.
When withdrawing all assets, users often overlook the 'Account Status if Balance Goes to Zero' option in Section 3. The form defaults to leaving the account open, which may not be the user's intention. This can lead to confusion later, as the user might receive statements for a zero-balance account they believed was closed, or they may miss an opportunity to simplify their financial footprint.
Saved over 80 hours a year
“I was never sure if my IRS forms like W-9 were filled correctly. Now, I can complete the forms accurately without any external help.”
Kevin Martin Green
Your data stays secure with advanced protection from Instafill and our subprocessors
Robust compliance program
Transparent business model
You’re not the product. You always know where your data is and what it is processed for.
ISO 27001, HIPAA, and GDPR
Our subprocesses adhere to multiple compliance standards, including but not limited to ISO 27001, HIPAA, and GDPR.
Security & privacy by design
We consider security and privacy from the initial design phase of any new service or functionality. It’s not an afterthought, it’s built-in, including support for two-factor authentication (2FA) to further protect your account.
Fill out Fidelity 529 Withdrawal Form with Instafill.ai
Worried about filling PDFs wrong? Instafill securely fills fidelity-investments-withdrawals529-college-savings-plan forms, ensuring each field is accurate.
