topic What is a state street retiree service? in Get your taxes done using TurboTax

What is a state street retiree service?

popsat67 — Thu, 06 Jun 2019 15:09:07 GMT

Where are you seeing that?

xmasbaby0 — Thu, 06 Jun 2019 15:09:09 GMT

Where are you seeing that?

Did you get a 1099-R from them?

SweetieJean — Thu, 06 Jun 2019 15:09:11 GMT

Did you get a 1099-R from them?

https://statestreet.ipaybenefits.com/static/escbenepay/images/RA_ProductSheet.pdf">https://statestreet.ipaybenefits.com/static/escbenepay/images/RA_ProductSheet.pdf</a>

They are a retirement plan administrator.

SweetieJean — Thu, 06 Jun 2019 15:09:13 GMT

They are a retirement plan administrator.

If you received a 1099R: Go to Federal> Wages and Incom...

xmasbaby0 — Thu, 06 Jun 2019 15:09:15 GMT

If you received a 1099R: Go to Federal> Wages and Income>Retirement Plans and Social Security>IRA 401 k) Pension Plan Withdrawals to enter your 1099R.

Re: If you received a 1099R: Go to Federal> Wages and Incom...

biegelboy — Sun, 09 Feb 2020 00:19:31 GMT

How do you know the taxable amount if the taxable amount not determined is CHECKED and IRA/SEP/SIMPLE is unchecked?

Also, State Street Retiree Services for USPBGC is "Pension Benefit Guaranty Corporation", so they only step after your company fails to fund pensions, so the amount given is far less than the amount promised. Typically pennies on the dollar.

That being said, how does one figure out what part of income it taxed?

Re: What is a state street retiree service?

KrisD15 — Sun, 09 Feb 2020 21:29:19 GMT

It's calculated by the amount you contributed and your age.

IRS General Rule and Simplified Method

Re: What is a state street retiree service?

biegelboy — Thu, 13 Feb 2020 02:41:23 GMT

If this is a failed pension plan that was picked up by The Pension Benefit Guaranty Corporation and I lost 90% of the value promised by my now bankrupted employer, how do I factor the amount I contributed? If I'm only receiving 10 cents on the dollar promised, how to do factor taxable amount? Or do I plan it safe and assume its all taxable and give Uncle Sam 3 cents of the 10 cents?

Re: What is a state street retiree service?

ThomasM125 — Thu, 13 Feb 2020 03:27:07 GMT

Box 5 of your form 1099-R should list the amount you contributed to the plan. If not, then you would have to calculate that by considering how much you contributed per pay period and how may pay periods you contributed.

Re: What is a state street retiree service?

Newlife13 — Sat, 29 Feb 2020 01:53:23 GMT

1099 duplicate

Re: What is a state street retiree service?

KrisD15 — Sun, 01 Mar 2020 02:30:43 GMT

It is a retirement plan administrator.

Re: Did you get a 1099-R from them?

lfrodri1 — Mon, 09 Mar 2020 15:06:28 GMT

No I did not.

Re: Did you get a 1099-R from them?

HelenC12 — Mon, 09 Mar 2020 15:26:32 GMT

@Ifrodri1 If this information was automatically carried over from your 2018 tax return and you don't have a 2019 1099-R form from State Street Retiree Services, delete the information.

Open (continue) your return if you don't already have it open.
Inside TurboTax, search for 1099-R and select the Jump to link in the search results.
This will take you to the Your 1099-R Entries screen.
Select Delete next to the unwanted 1099-R and then answer Yes on the following screen.

Related Information:

Where do I enter my 1099-R?

Source: TurboTax FAQ

Re: Did you get a 1099-R from them?

richwon1 — Thu, 02 Apr 2020 22:07:45 GMT

I have not received my 1999-R.

Re: Did you get a 1099-R from them?

ThomasM125 — Thu, 02 Apr 2020 23:01:28 GMT

You need to call them and request the form, as your tax return may be incomplete without entering information from that form on it.

Re: What is a state street retiree service?

benmills1940 — Tue, 14 Apr 2020 16:50:23 GMT

Can State Street Retirement Services provide Package ID and Doc ID data for downloading data to TurboTax?

Re: Did you get a 1099-R from them?

Larrynancymeyne2013 — Wed, 02 Feb 2022 21:17:20 GMT

Re: Did you get a 1099-R from them?

DianeW777 — Wed, 02 Feb 2022 21:31:36 GMT

I suggest that you contact State Street Retirement Services Center by using the link below. You can request your tax document.

Contact State Street - Call State Street's pension administration office, (877) 247-2769 or for international, (904) 791-2246.
- The phone center may be back logged like several agencies at this time.

Re: What is a state street retiree service?

herwigst — Wed, 02 Feb 2022 21:36:41 GMT

It a Corp . that handles pension retirement payments for many firms. My firm just started using them as well.

Home office says it saves money . How can it save money when you use and pay a out side firm to do what you did in house?