Foreign pension

Hi all,

 

I have 4 mutual funds in a foreign pension equivalent to the 401k of that country (I was working abroad).

I am not going to be able to access this pension for another 20 years. 

I know I have to report this in FATCA form 8938.

But if the mutual fund generates dividends (which are re-invested) and I am not actually withdrawing the dividends as income, do I still need to report them in the income section? 

I would think not, because the dividends generated in a 401k are not taxable..but just wanted to confirm.

 

Thank you