Important Information Regarding New Form 5500 Schedule Form 8955-SSA

September 2011

As readers may be aware, a qualified retirement plan or a Section 403(b) retirement plan is generally required to report information about separated participants with deferred vested benefits under the plan. The Internal Revenue Service has recently developed Form 8955-SSA to allow a plan administrator to fulfill its obligation to report this information. The following Alert discusses the Form 8955-SSA requirement, as well as the requirement to distribute an individual statement to a deferred vested participant, to which the issuance of the Form 8955-SSA has drawn renewed attention.

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