For Immediate Release: January 05, 2018
Contact: NHRS Finance Team, [email protected]
CONCORD, NH – Copies of 2017 Internal Revenue Service (IRS) Form 1099-R for New Hampshire Retirement System retirees and beneficiaries have been mailed and are also posted to My Account, the retirement system’s online portal.
All retirees and beneficiaries will begin receiving paper copies of these important tax documents via U.S. Mail sent to the mailing address NHRS has on file, however, My Account users may print out their 1099-Rs, as well.
A Form 1099-R is an IRS form which reports a taxpayer's distributions that are considered reportable income from pensions, annuities, IRAs, insurance contracts, profit-sharing plans and/or retirement plans. Form 1099-R reports the gross distribution, any taxable amount applicable to that gross distribution, and any portion of federal income that was withheld, as well as other tax information.
Retirees and beneficiaries who would like to access their Form 1099-R electronically can sign up for My Account.
(Note: To protect the personal information of our retirees and members, NHRS uses a two-step process for setting up a new My Account, so retirees who want to create an account in order to download their 1099-Rs should be advised that the process is not instantaneous. Click here for additional details.)
If you have trouble creating a My Account, please call (603) 410-3508. For help with an existing My Account call (603) 410-3680.
Important note: If you receive a pension benefit and a beneficiary benefit OR if you receive multiple pension benefits you will need to print multiple Form 1099-Rs from My Account to obtain all of your required tax information. An informational graphic on how to print multiple copies is available at: https://www.nhrs.org/docs/default-source/other/my-account-1099r---multiple-benefits.pdf
An informational graphic on how to read your Form 1099-R is available at: https://www.nhrs.org/docs/default-source/other/1099r_how-to-read.pdf
Answers to frequently asked questions concerning your 1099-R can be found at: https://www.nhrs.org/faqs/faq-1099r
If you have additional questions please contact the NHRS Finance Department at (603) 410-3659, toll-free (877) 600-0158, ext. 3659, or [email protected].