The IRS has proposed regulations (REG-153627-08) to amend the
rules for automatic extensions of time for filing certain employee
plan returns by adding Form 8955-SSA, Annual Registration
Statement Identifying Separated Participants With Deferred Vested
Benefits, to the list of forms that are covered by the
automatic 2½-month extension that applies by filing Form
5558, Application for Extension of Time to File Certain Employee
Plan Returns.
The proposed regulations largely reflect guidance already in
place that was issued by the IRS in Announcement 2011-21. Under the
regulations, plan administrators can obtain an automatic extension
of 2½ months by submitting a Form 5558 and indicating that
an extension is being requested for filing Form 8955-SSA. Thus,
under the proposed regulations, the same rules that apply to
request an extension of time to file Form 5500 also apply to
request an extension of time to file Form 8955-SSA. Also, the
proposed regulations would amend
