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Compliance December 5, 2011
IRS Issues FAQs for New SSA Schedule for Form 5500 Filers
December 5, 2011 (PLANSPONSOR.com) – The Internal Revenue Service has posted frequently asked questions and answers to provide general information about the new Form 8955-SSA which replaces Schedule SSA in the Form 5500.
Reported by Rebecca Moore
The FAQs include questions specifically related to situations for 403(b) plans (see (b)lines Ask the Experts: New Form 5500 SSA Schedule).
Because the Form 8955-SSA was not timely available, the IRS extended the filing deadline (see Filing Date Extneded for New SSA Form).
The FAQs are available at http://www.irs.gov/retirement/article/0,,id=238940,00.html.