katie58 Posted July 27, 2014 Posted July 27, 2014 Can anyone please clarify this for me. For a 457(b) plan - non governmental - are distributions reported an a w-2 or 1099. I always thought it was a w-2. The record keeper is saying a 1099. Thanks!
QDROphile Posted July 28, 2014 Posted July 28, 2014 From instructions to Form 1099-R: Nonqualified plans. Report any reportable distributions from commercial annuities. Report distributions to employee plan participants from section 409A nonqualified deferred compensation plans (including nongovernmental section 457(b) plans) on Form W-2, not on Form 1099-R; for nonemployees, these payments are reportable on Form 1099-MISC. Also, report distributions to beneficiaries of deceased plan participants on Form 1099-MISC.
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