BobKamman
Level 15
02-18-2020
05:55 PM
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IRS instructions for preparing 1099-R state that Code 2 is used for:
"• A distribution from a qualified retirement plan after separation from service in
or after the year the participant has reached age 55."
For retired public-safety employees, the age limit is 50, although I have had to battle Nationwide to get them to do it correctly.