The modified due date is the later of January 17, 2012, or the due date that generally applies for filing the Form 8955-SSA for 2010. No Form 5558 extensions will be granted for the January 17, 2012, due date.
According to the IRS announcement, Form 8955-SSA replaces Schedule SSA of Form 5500 beginning with the 2009 plan year. The form is used to report information about participants with deferred vested benefits. The 2009 form and instructions are now available, and the 2010 form is expected to be released shortly.
Industry groups had asked for an extension of the filing deadlines due to the delay in the release of forms and instructions (see ASPPA Proposes Extension for Form 8955-SSA Filing).
Plan administrators must file Form 8955-SSA with the IRS and not through the EFAST2 filing system. The general filing due date is the last day of the seventh month following the last day of the plan year, plus extensions.For forms, Frequently Asked Questions, published guidance and information for e-file providers, go to http://www.irs.gov/retirement/article/0,,id=238959,00.html.