2024 Tax Forms Are Going Out Soon

January 7, 2025

We’ll send out IRS Form 1099-R by Jan. 31 to clients who took a distribution in 2024. You’ll be able to view and download them from the Annuity Portal at that time.

We won’t send a 1099-R if the distribution wasn’t taxable, such as for a qualified transfer between financial institutions. Clients who didn’t take a distribution in 2024 also will not receive a 1099-R.

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

If you have questions, contact our service specialists at 800.247.6888 or send us a message. We’ll issue a new 1099-R form if corrections are needed.

Producer Advisories

More About Producer Advisories

RMD Notifications Happening in January

Get ready for RMD notifications. See what types of information your clients can expect in their RMD packets.

California Producer Advisory

Please review this recent compliance alert: Senate Bill 263, Suitability of Individual Annuity Sales Recommendations.

Nevada Producer Advisory

Please review this recent compliance alert: NAC 686A.526+, Suitability of Individual Annuity Sales Recommendations.

Holiday Service Alert: Key Dates to Remember

The holiday season is upon us, and to meet your clients’ expectations, mark these important dates. Ensure all distribution and new business requests are submitted by Dec. 11 to guarantee processing by year-end.

Louisiana Producer Advisory

Please review this recent compliance alert: Regulation 89, Suitability of Individual Annuity Sales Recommendations.

Ensure the Timely Delivery of New Business Applications

To ensure prompt processing of your new business applications, follow our specific mailing instructions and key steps. We accept applications via regular mail, overnight delivery, fax and email.

RMD Check-Ins: Get Them on the Calendar

As the year-end approaches, it’s time to review RMDs for clients aged 73 and older. Ensure they’re informed about their RMD options for 2024 and 2025, direct deposit setups and necessary documentation for any changes.

Missouri Producer Advisory

Please review this recent compliance alert: Rule 20 CSR 400-5.900, Suitability of Individual Annuity Sales Recommendations.

How to Ensure a Smooth Claims Process

Starting a claims process can be difficult, especially considering the surrounding circumstances. Help your clients prepare to ensure a smooth, easy claims process.

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Annuities

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.