Form 8955-SSA (Annual Registration Statement Identifying Separated Participants With Deferred Vested Benefits) replaced Form 5500, Schedule SSA for plan years beginning on or after January 1, 2009. The modified due date for filing both the 2009 and 2010 Form 8955-SSA is the later of (1) January 17, 2012, or (2) the due date of the 2010 Form 5500 (including extensions.) The January 17, 2012 due date, however, cannot be further extended by filling Form 5558.
The Internal Revenue Service (IRS) has release the 2009 Form 8955-SSA and is expected to publish the 2010 form within the next few weeks. Plan administrators may either combine plan year 2009 and 2010 data on the 2009 Form 8955-SSA or file separate Forms 8955- SSA for each year. The IRS has also provided technical specifications for electronic filing of Form 8955-SSA in Revenue Procedure 2011-31. The new Form 8955-SSA is discussed in greater detail in the April 2011 Employee Benefits Update.