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This version of the form is not currently in use and is provided for reference only. Download this version of
Form 3953
for the current year.
Form 3953 Michigan Education Trust (Met) Rollover of Account Funds - Michigan
What Is Form 3953?
This is a legal form that was released by the Michigan Department of Treasury - a government authority operating within Michigan. As of today, no separate filing guidelines for the form are provided by the issuing department.
FAQ
Q: What is Form 3953?
A: Form 3953 is the Michigan Education Trust (Met) Rollover of Account Funds form.
Q: What is the Michigan Education Trust (Met)?
A: The Michigan Education Trust (Met) is a prepaid tuition program that allows parents to prepay for their child's future college education.
Q: What is a rollover of account funds?
A: A rollover of account funds is the process of transferring funds from one Michigan Education Trust (Met) account to another.
Q: Why would someone need to complete Form 3953?
A: Form 3953 is required to initiate a rollover of account funds for a Michigan Education Trust (Met) account.
Q: What information is required on Form 3953?
A: Form 3953 requires information such as the account owner's details, the account number, and the rollover recipient's details.
Q: Are there any fees associated with a rollover of account funds?
A: There are no fees associated with a rollover of account funds for a Michigan Education Trust (Met) account.
Q: Can I rollover funds from a Michigan Education Trust (Met) account to a different state's prepaid tuition program?
A: No, funds can only be rolled over between Michigan Education Trust (Met) accounts.
Q: Is there a deadline for submitting Form 3953?
A: There is no specific deadline for submitting Form 3953, but it is recommended to initiate the rollover as early as possible.
Q: Can I rollover funds from a Michigan Education Trust (Met) account to a different type of account, such as a 529 savings plan?
A: No, rollovers can only be made between Michigan Education Trust (Met) accounts.
Form Details:
- Released on October 1, 2018;
- The latest edition provided by the Michigan Department of Treasury;
- Easy to use and ready to print;
- Quick to customize;
- Compatible with most PDF-viewing applications;
- Fill out the form in our online filing application.
Download a fillable version of Form 3953 by clicking the link below or browse more documents and templates provided by the Michigan Department of Treasury.
Download Form 3953 Michigan Education Trust (Met) Rollover of Account Funds - Michigan
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