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ali16
Level 2

Do I need to report foreign company sponsored contribution to a foreign retirement plan? or only if a withdrawal happens ?

 
2 Replies
SusanY1
Expert Alumni

Do I need to report foreign company sponsored contribution to a foreign retirement plan? or only if a withdrawal happens ?

Generally yes. The contribution should be included in your gross income, along with other foreign earned income.    

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ali16
Level 2

Do I need to report foreign company sponsored contribution to a foreign retirement plan? or only if a withdrawal happens ?

Hello @SusanY1 

I understand the generally yes - but when would "generally not" happen? Again, that money was not withdrawn and part of that is blocked for many years.

Thanks

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