Report your spouse’s cash balance pension plan in Part 5.

For Your Spouse

Part 5

Report a cash balance pension plan if the value of the plan was more than $1,000 at the end of the reporting period or if your spouse received more than $1,000 in retirement payments during the reporting period.

Description:  Report the name of the employer providing the plan and write “cash balance pension plan.”

EIF:  Select “N/A.”

Value:  Report the value of the plan by selecting the appropriate category.  The value is the dollar value indicated in the statement provided by the plan’s administrator.

Income Type:  Write “retirement payments” if your spouse is receiving payments or received a lump-sum distribution.

Income Amount:  Select “None (or less than $201)” if your spouse has not received any payments.  Do not complete this field if your spouse is receiving or has received payments because writing “retirement payments” in the “Income Type” field is sufficient.