Schedule SSA - Money Purchase Plan

[Guest cease]

In the MPP document that I am reviewing, the normal form of benefit payment from is a monthly qualified joint and survivor annuity. If a terminated vested participant is being reported on Schedule SSA (account balance greater than $5,000 and has not made an election with the plan administrator), is it OK to enter the vested account balance and indicate that it is a single sum (Code A) and the payment frequency would be lump sum (Code A), or am I required to report the vested account balance in the form of a QJSA (Code G) and the payment frequency would be monthly (Code E)?

The Schedule SSA seems to be looking for an account balance for defined contribution plans.

Thanks for any assistance on this.

[Bird]

I've always used A, A and the account balance.

The instructions aer a little curious in that they say "Enter the code that describes the type of annuity that normally accrues under the plan..."

If "normally" is to be taken literally then I have no doubts about using A,A, at least for my plans.

The instructions are clear that you use the account balance. I use the value as of the val date for the return, not "...at the time of separation" as per the instructions. Tough nuts if anyone cares about that.