• Participant Communications
• Annual Tax Reporting Forms
• New Blog: Q4 2022 Investment Review and Outlook
• Save the Date Conference Forum and Mini-HealthFlex Summit

Participant Communications

• From January 3-5, we are sending an eblast to clergy newly eligible to retire in 2023 with information they need to know about the retirement process. Participants without valid email addresses will be sent letters via U.S. mail.
• On Thursday, January 5, we sent a survey eblast to participants who attended a UMPIP webinar in 2022 asking for their feedback.

Annual Tax Reporting Forms

Wespath will mail the following 2022 IRS tax reporting forms to participants no later than January 31, 2023:

• Form 1099-R—Distributions from Pensions, Annuities, Retirement or Profit-Sharing Plans, IRAs, Insurance Contracts, etc.
• Form 1099-MISC—Miscellaneous Information
• Form W-2—Wage and Tax Statement (for disability payments)

Wespath will also mail the following tax reporting forms to participants on the dates noted:

• Form 480.7C—Informative Return—Retirement Plans and Annuities for Puerto Rico plans and residents of Puerto Rico by February 28, 2023 (available by U.S. Mail only)
• Form 1042-S—Foreign Person's U.S. Source Income Subject to Withholding by March 15, 2023

A copy of the tax documents sent to participants via mail (except Form 480.7C) will also be available online at benefitsaccess.org at the end of January. After logging in, participants will go to "My Benefits" and select the drop-down next to Retirement Benefits and then click "Tax Forms." Participants who cannot access their U.S. tax forms online or wish to receive a copy of Form 480.7C, can contact Wespath at 1-800-851-2201.

New Blog: Q4 2022 Investment Review and Outlook

In a year defined by persistently high inflation, global conflict, supply chain challenges and tumultuous market conditions, the positive numbers seen in the fourth quarter were a breath of fresh air for investors and consumers alike. Joe Halwax, Managing Director, Institutional Investment Services, recaps all this in his robust fourth quarter commentary and year-end review while also looking ahead at key factors that will affect the 2023 landscape.

Save the Date Conference Forum and Mini-HealthFlex Summit

Conference Forum will be in Chicago, April 12 and 13. We will follow with a Mini-Health Flex Summit on the morning of April 14. More details to come on the final agenda and accommodations.

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