Here is a library of some of the IRS publications covering issues of concern to older Americans and taxpayers with income from pensions and retirement plans. The rules can be complicated and difficult to implement. Contact us if you need further guidance. 

Title

Publication
Number

Description

Older Americans' Tax Guide

554

Contains a general overview of the tax treatment of older Americans including the higher gross income threshold, higher standard deduction and the credit for the elderly or disabled.

Pension and Annuity Income

575

Explains the tax treatment of distributions from pension and annuity plans, the tax-free portion of these payments and roll over distributions.

General Rule for
Pensions and Annuities

939

Provides information about the tax treatment of payments from nonqualified and qualified plans.

Social Security and Equivalent
Railroad Retirement Benefits

915

Covers the tax rules for monthly benefits (and equivalent tier 1 railroad retirement benefits).

Tax Guide to U.S. Civil Service Retirement Benefits

721

Explains the federal income tax rules that apply to civil service retirement benefits received by retired federal employees and their survivors.

Tax-Sheltered Annuity Plans

571

Discusses the rules for employees of public schools and certain tax-exempt organizations including maximum contributions, excess contributions, distributions and rollovers.

Individual Retirement Arrangements (IRAs)

590

Describes the tax advantages, as well as rules pertaining to IRA contributions, transfers, withdrawals, penalties and handling an inherited account.

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