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posted Mar 11, 2024 9:28:53 AM

We took a distribution from Oregon PERS deferred compensation to purchase waiting time (applied to pension). How is that reported?

We took a distribution from Oregon PERS deferred compensation to purchase waiting time (applied to pension). How is that reported? The only paperwork received was an acknowledgement of the distribution, no tax form or information.

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Expert Alumni
Mar 14, 2024 7:49:07 PM

After reading this PERS Q and A, I don't believe that this distribution is taxable, rather it is a rearrangement of your deferred compensation. If you later get a tax form, come back and see us...