Foreign Pension Reporting in the US

Hi community,

 

I am originally from the UK but am now a LPR in the US. I live in the US and work full time here.

 

I voluntarily contribute to UK national insurance (equivalent to social security here) so I can get a state pension from the UK when I retire

 

I also worked in the national health service (NHS) in the UK before moving to the US. This had a (C.A.R.E. type) pension scheme where automatic deductions were made from my pay at the time as contributions as well as equal contributions from my employer. I have not contributed to this since leaving the UK. There is no pot of money and this pension scheme is more like a membership. So there is no way to tell how much it is worth. I will receive distributions when I retire.

 

Since I am not receiving any income yet from either and I don’t know how much either is valued at, am I required to report this anywhere on my U.S. tax return or FBAR or FATCA yet? Or only when I receive distributions on retirement?

 

Is this something TurboTax (assisted/live) can help with or do I need a specialist CPA who knows the UK system well?

 

I look forward to any advice someone may have here.

 

kind regards