NOTICE OF RIGHT TO REQUEST TAX NOTIFICATION FORM 1095-B
The Plan has elected not to send IRS Form 1095-B (“Health
Coverage”) for the 2021 tax year, as permitted by IRS Notice 2020-76. You do not need to file the form with your
federal tax return, but some members may need the form to comply with state
reporting requirements. Members and
beneficiaries may request for a copy of their Form 1095-B by:
·
Email
to 1095Bhelp@benesys.com
·
Calling
(248) 641-4978 between 7:30 AM and 4:30 PM EST
·
Mail to:
BeneSys, Inc.
700 Tower Drive, Suite 300
Troy, MI 48098-2808
ATTN: 1095-B Requests
Your request MUST include: (1) your Plan’s name, (2) the member’s name, (3) your name
if you are not the primary member, (3) the address you would like the form sent
to and (4) the phone number we can call if we have any questions.
Please call (248) 641-4978 with any questions about Form
1095-B.
The Trustees of the Arizona Pipe Trades Health, Pension and Defined Contributions plan are offering an opportunity for the participants to join them in their efforts to save approximately $220,000 annually by going paperless. To start receiving all SPD's, Plan Documents, correspondence, etc. electronically click here, complete the form and return it to the Administrative Office at 2601 E. Thomas Road, Suite 110, Phoenix, AZ 85016 or call 1.877.429.7473. Please note that electing to go paperless is not mandatory, but rather an option provided to Particpants for convenience.
INFORMATION REGARDING CORONAVIRUS - RELATED DISTRIBUTIONS
The CARES Act permitted participants under age 59 ½ to take coronavirus-related distributions from their retirement accounts without incurring the 10% penalty for early distributions. The income from the distribution could also be taxed over several years. The distribution had to be “made on or after January 1, 2020, and before December 30, 2020.”
In late December 2020, the Consolidated Appropriations Act of 2021 and the COVID-Related Tax Relief Act of 2020 amended the CARES Act but did not extend the cutoff date. We will be denying applications received in 2020 that could not be processed by 12/30/2020 and all applications received on or after 12/30/2020.