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Get the free Form 8955-SSA - Internal Revenue Service - irs

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Caution: --NOT FOR FILING This is an early release of an IRS tax form, instructions, or publication, which the IRS is providing for your information as a courtesy. Do not file forms. Also, do not
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How to fill out form 8955-ssa - internal?

01
Gather the necessary information and documents such as plan information, participant information, and previous filings.
02
Start by filling out the basic information section of the form, including the employer identification number (EIN) and plan number.
03
Provide the participant information, including their name, social security number, and date of birth.
04
Indicate whether the participant is an active, retired, or separated participant.
05
Report any distributions, rollovers, or transfers made during the year for each participant.
06
Enter information regarding plan mergers, spin-offs, or termination if applicable.
07
Complete the certification section by providing the preparer's name, phone number, and EIN.

Who needs form 8955-ssa - internal?

01
Employers who have a retirement plan subject to the Employee Retirement Income Security Act (ERISA) must file form 8955-ssa.
02
This form is required for plan administrators to report information about participants who have separated from the plan and who have deferred vested benefits.
03
It is necessary for employers to file this form with the Internal Revenue Service (IRS) and the Social Security Administration (SSA) to ensure compliance with the reporting requirements.
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Form 8955-SSA is an Internal Revenue Service (IRS) form used to report information about deferred vested benefits under a tax-qualified retirement plan.
Plan administrators of tax-qualified retirement plans are required to file Form 8955-SSA with the IRS.
Form 8955-SSA should be filled out by providing information about deferred vested benefits, participant details, and plan specifics as required by the form instructions.
The purpose of Form 8955-SSA is to report information about deferred vested benefits in tax-qualified retirement plans to the IRS.
Information such as participant names, social security numbers, deferred vested benefits, and plan details must be reported on Form 8955-SSA.
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