abc481
Returning Member

How to file foreign private retirement fund assets?

Do I need to file Form 3520 for a foreign private retirement fund (i.e., is this considered a foreign trust which I must report as such)? I'm not retired and therefore have not received any distributions from this fund yet. However, as a retirement fund, it does generate interest that is kept invested in the fund.

 

I am currently reporting this as interest in a regular foreign investment account (1099-INT).