MaryK4
Expert Alumni

Retirement tax questions

Yes, as a resident alien you will want to file the FBAR.  Depending on the value, you may also have to file the Form 8938.  Note- the FBAR is separate, has the $10K income threshold and has a different due date.  

 

The FBAR Foreign Pension Plan reporting rules define a foreign pension as an account which must be reported.  Even if the account was opened and earned prior to becoming a U.S. Person and no distributions are being made, it still must be reported on the FBAR.

 

Certain U.S. taxpayers holding specified foreign financial assets with an aggregate value exceeding $50,000 will report information about those assets on new Form 8938, which must be attached to the taxpayer’s annual income tax return.  

 

See How do I file an FBAR report (FinCEN 114)? - TurboTax

 

@bjblackmore

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