Form RS2416 Application for Direct Trustee-To-Trustee Transfer for Purchase of Service Credit - New York

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Form RS2416 Application for Direct Trustee-To-Trustee Transfer for Purchase of Service Credit - New York

What Is Form RS2416?

This is a legal form that was released by the Office of the New York State Comptroller - a government authority operating within New York. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is Form RS2416?
A: Form RS2416 is the application for a direct trustee-to-trustee transfer for the purchase of service credit in New York.

Q: What is a direct trustee-to-trustee transfer?
A: A direct trustee-to-trustee transfer is the movement of funds directly from one retirement plan or trustee to another, without the funds being distributed to the individual in between.

Q: What is the purpose of purchasing service credit?
A: Purchasing service credit allows individuals to increase their years of service for retirement calculations, which can result in a higher pension or other retirement benefits.

Q: Who can use Form RS2416?
A: Form RS2416 can be used by individuals who are eligible and wish to purchase service credit in New York.

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Form Details:

  • Released on December 1, 2013;
  • The latest edition provided by the Office of the New York State Comptroller;
  • Easy to use and ready to print;
  • Quick to customize;
  • Compatible with most PDF-viewing applications;
  • Fill out the form in our online filing application.

Download a fillable version of Form RS2416 by clicking the link below or browse more documents and templates provided by the Office of the New York State Comptroller.

Download Form RS2416 Application for Direct Trustee-To-Trustee Transfer for Purchase of Service Credit - New York

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