erisa29

When a non or partially vested contribution is made to a 403(b) custodial account what are the practical implications to the custodian/record keeper?

The intructions for amounts to be reported in Box 1a are confusing to me. Does anyone know what the IRS is looking for? Do we report the present value of the entire QLAC contract, the amount of annual payments from the contract or are they looking for just the amount of the first periodic payment that will be made from the contract ? thanks for your thoughts