As a PERS retiree or member considering retirement, you need to be aware of certain tax-related rules and information that affect your retirement benefits. Explore the links below for helpful information and tax-related forms.
Note: PERS staff are not financial planners nor tax advisors and cannot provide you with tax advice.
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1099-R FAQs — A 1099-R is a form you’ll need to prepare your state and federal taxes each tax season. It reports the money you get from pensions and other retirement savings.
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Oregon tax withholding rules — Learn how you may be impacted by rules governing state income tax allowances.
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Tax remedy — Applies only to some Tier One members.
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Federal tax withholding calculator — The Internal Revenue Service offers this tool for estimating withholdings.
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Oregon tax withholding calculator — Oregon Department of Revenue offers this personal income tax calculator.
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W-4P — Members should use this form to withhold income tax from their retirement benefits.
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W-8BEN — Members who are not U.S. residents and not U.S. citizens should use this form to withhold income tax or claim treaty rights.
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W-9 — If you are a member with a foreign address, you must submit this form.
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W-4R IAP Lump Sum Withholding — Use this form for rollover-eligible distributions from your Individual Account Program (IAP) account.
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Federal Tax Information and Acknowledgement — This packet provides information about federal rules governing rollovers. Read it and return the Acknowledgement of Receipt of Federal Tax Information Disclosure form that is included in the packet.