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Qualified Retirement Plan Form 8955-SSA Deadline Approaching/Plan Administrators May Report 2009 and 2010 Data Using the 2009 Form

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Jaxine L. Wintjen, CP
Foster Swift Employment, Labor & Benefits Quarterly
Winter 2011

For plan years prior to January 1, 2009, qualified retirement plans were required to attach Schedule SSA to Form 5500 to report information relating to terminated employees who had deferred vested benefits payable from the plan. The IRS has replaced Form 5500 Schedule SSA with Form 8955-SSA effective with the 2009 plan year. The due date for filing Form 8955-SSA for the 2009 and 2010 plan years is the later of:

  1. January 17, 2012; or
  2. the last day of the seventh month following the end of the 2010 plan year (July 31, 2011 for calendar year plans).

In future years, the deadline for filing Form 8955-SSA may be extended by filing Form 5558; however, the January 17, 2012 deadline may not be extended by filing Form 5558.

Plan administrators may file separately for 2009 and 2010 or may use the 2009 Form 8955-SSA to file a combined 2009 and 2010 report.

Form 8955-SSA may be obtained as a fillable form from the IRS web site at www.irs.gov/formspubs. The form is also available from third party software developers or by calling the IRS at (800) 829-3676.

Form 8955-SSA may be filed electronically using the Filing Information Returns Electronically system (FIRE) or on paper to Department of the Treasury, Internal Revenue Service Center, Ogden, UT 84201-0024. Filers submitting the form electronically will need:

  1. software to create files in the proper format for filing electronically with the IRS;
  2. a Transmitter Control Code (TCC) obtained by submitting Form 4419 with the IRS; and
  3. a FIRE account to log into and use the FIRE system (Visit fire.irs.gov to create a FIRE account.).

Please contact your Foster Swift Employee Benefits professional for more information.