Money Purchase Pension Plan

Report a money purchase pension plan on Schedule A, and report your continued participation in the plan in Schedule C, Part II. Report a money purchase pension plan in which your spouse participates in Schedule A only. 

Money Purchase Pension Plan: An Example

For You

Schedule A

Report each underlying asset of the money purchase pension plan that individually was worth more than $1,000 at the end of the reporting period or that individually produced more than $200 in income during the reporting period.

This guide contains specific instructions for each type of asset that you hold within the defined contribution plan. For example, this guide contains instructions for mutual funds, exchange-traded funds, stocks, corporate bonds, and other financial instruments.

Schedule C, Part II

Report your continuing participation in a defined contribution plan in Schedule C, Part II.

Terms: Report your continuing participation in a money purchase pension plan and indicate whether your employer will continue to make contributions to the plan. In addition, if you did not report the plan in Schedule A because all of its underlying assets were below the dollar thresholds for reporting, indicate in this section that the plan’s underlying assets were below the Schedule A reporting thresholds.

Parties: Provide the name of the employer as well as the city and state in which the employer is located.

Date: Provide the month and year in which you began participating in the plan. This often is the date you became an employee of the organization

For Your Spouse

Schedule A

Report your spouse’s money purchase pension plan in the same way as you report your own plan, as described above.

Schedule C, Part II

Do not report a money purchase pension plan in which your spouse participates in Schedule C, Part II.

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This guide is not intended to provide investment advice, and you should not rely on statements in this guide when making investment decisions.