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SERS explains annual statements and 1099‑R distribution codes
3084241 · April 22, 2025
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Summary
SERS reviewed the timing and content of annual benefit statements and 1099‑R tax forms, including common box entries and distribution codes for retirees under and over age thresholds.
The presenter said SERS mails 1099‑R tax forms by January 31 and that annual retiree statements are published to member accounts by February; retirees who do not receive forms by mid‑February should contact SERS to request duplicates.
SERS explained the purpose of several 1099‑R boxes: box 1 (gross distribution), box 2a (taxable amount) and box 4 (federal income tax withheld). The…
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