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| # of Forms | 1-20 | 21-150 | 151-500 | 501-1000 | 1000+ |
|---|---|---|---|---|---|
| Pricing Tier / Form | $ 2.99 | $ 2.19 | $ 1.25 | $ 0.65 | Get a Quote |
Form 8955-SSA is an IRS form that provides essential information regarding participants in a qualified retirement plan who have separated from service but have not yet taken a distribution. It is critical for maintaining accurate records and ensuring compliance with IRS regulations.
Plan administrators or employers who maintain a qualified retirement plan must file Form 8955-SSA if they have separated participants with deferred vested benefits. This includes 401(k) plans, pension plans, and other types of qualified retirement arrangements. The form must be filed annually, typically along with Form 5500.
When completing Form 8955-SSA, the following details are essential:
Plan Information: Legal name and account number of the retirement plan.
Participant Information: Details of each separated participant, including their name, Social Security Number (SSN), and date of separation.
Deferred Vested Benefits: The value of the benefits which are expected to be received at some time in the future by each of the participants and this is important as far as reporting and legal needs are concerned.
Deferred vested benefits are the retirement benefits to be received by an employee, having earned them in service, but have not been so paid since the employee has terminated his relationship with a company and has not withdrawn his benefits.
Here's a breakdown of the key components:
Deferred: This means that the benefits are not easily attainable Consumers will have to wait for a long time in order to get the benefits that will enable consumer subsidies. The above benefits will be paid to the employee at some time in the future, usually when he has quit or perhaps when he is old.
Vested: Implicit benefits are those that the employee has earned his/her right to receive, including those that the employee can take fully with him/her if he/she chooses to leave the organization. This is to mean that the employee has served the required number of years or acquired other conditions laid down under the retirement plan to qualify for those benefits.
Form 8955-SSA Deadline and Important Dates
With Tax1099, you have the flexibility to schedule when your Form 8955-SSA is transmitted to the IRS. Form 8955-SSA scheduling with tax 1099 can avoid missing due dates and penalties, also allows you to ensure accuracy and compliance. This provides ample time for any necessary edits from your plan administrators or participants.
| Filing Type | Due Date |
| Recipient Copy | Thursday - July 31, 2025 |
| IRS eFile | Thursday - July 31, 2025 |
| IRS Paper Filing | Thursday - July 31, 2025 |
Failure to file Form 8955-SSA or to report all required participants can result in significant penalties:
Electronically-filed 8955-SSA Forms are Directly Transmitted to the IRS from Tax1099.
You will receive IRS acknowledgement of your eFile by email within 3 - 7 business days.
| # of Forms | 1-20 | 21 - 150 | 151-500 | 501-1000 | 1000+ |
|---|---|---|---|---|---|
| Pricing Tier / Form | $ 2.90 | $ 2.19 | $ 1.25 | $ 0.65 | Get a Quote |
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The CFSFP Combined Federal State Filing Program allows parts of your federal eFile to be transmitted to the state at no extra charge. Non-participating states must receive a direct file. Learn more about state filing here.
