You may request a distribution by logging onto Midland 360 and following the instructions below.
- Go to "Request IRA Distribution" from the home screen once you are logged in.
- Use the drop-down menu to select either "Partial Distribution," "All Available Funds," or "Full Distribution: Close Account."
- Enter the Total Distribution Amount.
- Use the drop-down menu to select whether you elect to have Federal Income Tax withheld.
- Choose a Delivery Method and enter the Delivery Instructions.
- Choose a Frequency (one-time or recurring).
- Once you have entered the distribution request, click on the "Next Page to Confirm" button at the bottom of the page.
- Review the summary page to ensure you have entered all of the appropriate details.
- Lastly, submit your request by clicking "Submit Request" at the bottom of the confirmation page.
After submitting the request, it will immediately be sent to us for processing. Please allow up to three business days for review.
Depending on the characteristics of your distribution request, you may be getting a call from one of our distribution associates to verbally confirm the details of your distribution.
Alternatively, you can send us a distribution request by paper form via email, fax, or mail; however, there is a fee for us to process the request per distribution.