Publication 571 - Tax-Sheltered Annuity Plans (403(B) Plans) Page 2
Download a blank fillable Publication 571 - Tax-Sheltered Annuity Plans (403(B) Plans) in PDF format just by clicking the "DOWNLOAD PDF" button.
Open the file in any PDF-viewing software. Adobe Reader or any alternative for Windows or MacOS are required to access and complete fillable content.
Complete Publication 571 - Tax-Sheltered Annuity Plans (403(B) Plans) with your personal data - all interactive fields are highlighted in places where you should type, access drop-down lists or select multiple-choice options.
Some fillable PDF-files have the option of saving the completed form that contains your own data for later use or sending it out straight away.
ADVERTISEMENT
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21Contributions Credit (Saver’s Credit),
for addi-
Chapters 2
through
6
explain the rules and
Form (and Instructions)
tional information.
terms you need to know to figure the maximum
W-2 Wage and Tax Statement
amount that could have been contributed to your
Limit on elective deferrals. For 2012, the
403(b) account for 2011 and the maximum
1099-R Distributions From Pensions,
limit on elective deferrals has increased from
amount that can be contributed to your 403(b)
Annuities, Retirement or
$16,500 to $17,000.
account in 2012.
Profit-Sharing Plans, IRAs,
Chapter 7
provides general information on
Insurance Contracts, etc.
Limit on annual additions. For 2012, the limit
the prevention and correction of excess contri-
on annual additions has increased from $49,000
5329 Additional Taxes on Qualified Plans
butions to your 403(b) account.
to $50,000.
(Including IRAs) and Other
Chapter 8
provides general information on
distributions, transfers, and rollovers.
Tax-Favored Accounts
Chapter 9
provides blank worksheets that
5330 Return of Excise Taxes Related to
you will need to accurately and actively partici-
Reminder
Employee Benefit Plans
pate in your 403(b) plan. Filled-in samples of
most of these worksheets can be found through-
8915 Qualified Hurricane Retirement
Photographs of missing children. The Inter-
out this publication.
Plan Distributions and Repayments
Chapter 10
explains the rules for claiming
nal Revenue Service is a proud partner with the
National Center for Missing and Exploited Chil-
the retirement savings contributions credit
dren. Photographs of missing children selected
(saver’s credit).
by the Center may appear in this publication on
Comments and suggestions. We welcome
pages that would otherwise be blank. You can
your comments about this publication and your
help bring these children home by looking at the
1.
suggestions for future editions.
photographs and calling 1-800-THE-LOST
You can write to us at the following address:
(1-800-843-5678) if you recognize a child.
Internal Revenue Service
Individual Forms and Publications Branch
403(b) Plan
SE:W:CAR:MP:T:I
Introduction
1111 Constitution Ave. NW, IR-6526
Basics
Washington, DC 20224
This publication can help you better understand
the tax rules that apply to your 403(b)
We respond to many letters by telephone.
(tax-sheltered annuity) plan.
Therefore, it would be helpful if you would in-
This chapter introduces you to 403(b) plans and
In this publication, you will find information to
clude your daytime phone number, including the
help you:
accounts. Specifically, the chapter answers the
area code, in your correspondence.
following questions.
•
Determine the maximum amount that can
You can email us at taxforms@irs.gov.
•
be contributed to your 403(b) account in
What is a 403(b) plan?
Please put “Publications Comment” on the sub-
2012.
ject line. You can also send us comments from
•
What are the benefits of contributing to a
, select “Comment on
•
Determine the maximum amount that
403(b) plan?
Tax Forms and Publications” under “Information
could have been contributed to your
•
Who can participate in a 403(b) plan?
about.”
403(b) account in 2011.
Although we cannot respond individually to
•
Who can set up a 403(b) account?
•
Identify excess contributions.
each comment received, we do appreciate your
•
How can contributions be made to my
feedback and will consider your comments as
•
Understand the basic rules for claiming
we revise our tax products.
403(b) account?
the retirement savings contributions credit.
•
Do I report contributions on my tax return?
•
Understand the basic rules for distribu-
More information. For more information
•
tions and rollovers from 403(b) accounts.
about Publication 571, go to
How much can be contributed to my
pub571.
403(b) account?
This publication does not provide specific in-
Ordering forms and publications. Visit
formation on the following topics.
to download forms and
•
Distributions from 403(b) accounts. This is
publications, call 1-800-829-3676, or write to the
covered in Publication 575, Pension and
address below and receive a response within 10
What Is a 403(b) Plan?
Annuity Income.
days after your request is received.
•
Rollovers. This is covered in Publication
A 403(b) plan, also known as a tax-sheltered
590, Individual Retirement Arrangements
Internal Revenue Service
annuity (TSA) plan, is a retirement plan for cer-
(IRAs).
1201 N. Mitsubishi Motorway
tain employees of public schools, employees of
Bloomington, IL 61705-6613
•
Withdrawals, repayments, and loans from
certain tax-exempt organizations, and certain
403(b) annuity contracts for taxpayers who
ministers.
suffered economic losses as a result of:
Tax questions. If you have a tax question,
Individual accounts in a 403(b) plan can be
– The May 4, 2007, Kansas storms and
check the information available on IRS.gov or
any of the following types.
tornadoes are covered in Publication
call 1-800-829-1040. We cannot answer tax
•
4492-A, Information for Taxpayers Af-
An annuity contract, which is a contract
questions sent to either of the above addresses.
fected by the May 4, 2007, Kansas Storms
provided through an insurance company,
Useful Items
and Tornadoes.
•
A custodial account, which is an account
– Damage in the Midwestern disaster ar-
You may want to see:
invested in mutual funds, or
eas are covered in Publication 4492-B, In-
formation for Affected Taxpayers in the
•
Publication
A retirement income account set up for
Midwestern Disaster Areas.
church employees. Generally, retirement
517
Social Security and Other
income accounts can invest in either an-
Information for Members of the
How to use this publication. This publication
nuities or mutual funds.
Clergy and Religious Workers
is organized into chapters to help you find infor-
575
Pension and Annuity Income
mation easily.
We use the term “403(b) account” to refer to
any one of these funding arrangements through-
590
Chapter 1
answers questions frequently
Individual Retirement Arrangements
asked by 403(b) plan participants.
(IRAs)
out this publication, unless otherwise specified.
Chapter 1 403(b) Plan Basics
Page 2
ADVERTISEMENT
0 votes
Related Articles
Related forms
Related Categories
Parent category: Financial