If I elected in 2007, at age 62, a Pension Payment Option from a Single Life Annuity benefit from MetLife payable monthly ($202.22), do I have to pay additional tax?
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1 Best answer
DianeW
Expert Alumni
Jun 6, 2019 12:53:47 AM
The company should send you a From 1099R to report this as income if it is considered taxable. A recovery of the money you paid for the annuity contract would be tax free.
1 Replies
DianeW
Expert Alumni
Jun 6, 2019 12:53:47 AM
The company should send you a From 1099R to report this as income if it is considered taxable. A recovery of the money you paid for the annuity contract would be tax free.