Form 8955-SSA

[Guest 4:15 Limit]

When completing Part III Line 9, column (g) for a DC plan, as of what date do you report the total value of the account? Let's say I'm completing a 2009 Form 8955-SSA for a calendar year plan and reporting a participant that terminated during 2008. Should we report this participant's 12/31/2008 vested balance, or current vested balance, or? Or does it matter?

Any thoughts would be greatly appreciated.

Thanks!

[Bird]

Keep in mind that the purpose of the form is so the SS admin can tell someone, when they start to collect SS benefits, that they might have uncollected money in a plan - could be 5, 10, 30 years down the road. So IMO it doesn't matter much.

I think we were using 2010 values since they were most recent.

[Tom Poje]

some food for thought.

the instructions for 9a, Code B

Use this code for a participant previously reported under the plan number shown on this form to modify some of the previously reported information. Enter all the current information for columns (b) through (g). You do not need to report a change in the value of a participant's account since that is likely to change. However, you may report such a change if you want. (I would add if you want to drive yourself crazy.)

In other words, next year are you going to report a new account balance. and the following year. and the following year.

so I'd go with the most recent info I have and not worry about it.

[Guest 4:15 Limit]

Thanks very much for the input!