2023 1099-R Forms Were Sent

March 4, 2024

In February, we mailed IRS Form 1099-R to clients who took a distribution in 2023. We don’t send a 1099-R if the distribution wasn’t taxable, such as for a qualified transfer between financial institutions ─ or to clients who didn’t take a distribution in 2023. 

You can view and download 2023 and prior year tax forms on the Annuity Portal. 

We recommend clients review the form for accuracy. They should carefully review the gross distribution, taxable amount and IRS distribution code. The back of the form provides information about each field.

Have Questions?

Contact our service specialists at 800.247.6888 or send us a message. If corrections are needed, we’ll issue a new 1099-R.

More About Producer Advisories
Please review this recent compliance alert: Indiana Rule 760 IAC 1-72-1+, Suitability of Individual Annuity Sales Recommendations.
Please review this recent compliance alert: Utah Rule R590-230, Suitability of Individual Annuity Sales Recommendations.
Please review this recent compliance alert: Vermont Regulation I-2023-01, Suitability of Individual Annuity Sales Recommendations.
Have clients in another state or looking to expand your book of business? We’re implementing a new cross-border sales policy. Check out the ins-and-outs and do’s-and-don’ts of the new policy and forms before you get down to business.
It’s time to send out the 2023 IRS Form 5498 for IRA Contributions. Be sure to notify your clients who should expect them and find out the dates we’re sending them out.
Many clients count on receiving their annuity payments on specific dates so they can pay bills and meet day-to-day living costs. Electronic Funds Transfer is the best way to ensure payments on time, every time.
Please review this recent compliance alert: New Hampshire INS 305, Suitability of Individual Annuity Sales Recommendations.

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Doing business with The Standard is good for you and your clients. Our annuities offer innovative product design, desirable rates, competitive compensation, high industry ratings and excellent service.