This version of the form is not currently in use and is provided for reference only. Download this version of Form RS2416 for the current year.
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.
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.
Form Details:
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.