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I N F O R M ER Anne Roundel Retired School Personnel Association Volume 47 CoP residents Deb Halt (410) 9973942 djahalt@aol.com Charles Gable (410)5909786 chasgable@cablespeed.com Immediate Past President Rick
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Retirees are individuals who have stopped working after reaching a certain age or after years of service, typically receiving retirement benefits. Former employees refer to those who have left a job but may not necessarily be retired.
Employers are required to file information regarding retirees and former employees to report any benefits, income, or contributions made on their behalf.
To fill out the forms for retirees and former employees, gather necessary personal information, income details, and any retirement benefits received. Follow specific guidelines provided by the relevant tax authorities.
The purpose is to report income received by retirees and former employees for tax purposes, ensuring accurate information is provided to the tax authorities.
Information such as the recipient's name, Social Security number, total income received, and amounts for retirement benefits or pensions must be reported.
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