IRA Hardship Withdrawal Letter

{Name}
{Address}
{Phone #}

{Date}

Dear {plan administrator}:

I am writing to request a hardship distribution of funds from my IRA. I believe my situation qualifies under the "immediate and heavy financial need" provisions outlined by the Internal Revenue Service.

The matter that has come up involves {medical expenses/purchase of primary residence/tuition/foreclosure or eviction prevention/funeral expenses/residence damage repair}.

I have exhausted all other options, including {liquidating assets/insurance/commercial loans}. Therefore, I am seeking to withdraw {amount}, which does not exceed the amount necessary to deal with the emergency.

Please apprise me of your decision at your earliest possible convenience. Thank you.

Sincerely,

{Sender Name}

Index of Hardship Letter Examples