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clydesusan
New Member

Is my annual retirement income from teaching called a rollover from the Florida Retirement System.

 
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CherylW
Level 3

Is my annual retirement income from teaching called a rollover from the Florida Retirement System.

No, it is not a rollover if you actually received that money.

In box 7 of your 1099-R, you'll see a code G if it is indeed a rollover.

Otherwise, code 7 will be on box 7 if you're over 591/2 years old.

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1 Reply
CherylW
Level 3

Is my annual retirement income from teaching called a rollover from the Florida Retirement System.

No, it is not a rollover if you actually received that money.

In box 7 of your 1099-R, you'll see a code G if it is indeed a rollover.

Otherwise, code 7 will be on box 7 if you're over 591/2 years old.

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