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FATCA (FBAR, 8938) and Pensions

FATCA (FBAR, 8938) and Pensions

Old Apr 7th 2015, 7:26 pm
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Default FATCA (FBAR, 8938) and Pensions

Hey all,

I am currently not at retirement age. Does the UK state pension need to be reported on an FBAR or Form 8938?

Thanks!

(EDIT - I should mention, I don't currently file either forms as I am not even close to the threshold needed to file with my UK accounts)
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Old Apr 7th 2015, 8:19 pm
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Default Re: FATCA (FBAR, 8938) and Pensions

Originally Posted by DTLVbrit View Post
Does the UK state pension need to be reported on an FBAR or Form 8938?
No, the UK State Pension does not have to be reported on either form.
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Old Apr 7th 2015, 8:50 pm
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Default Re: FATCA (FBAR, 8938) and Pensions

Good to know - thanks for the answer.

I second guessed it because I assumed "contribution-based" pensions would be eligible, and technically you contribute to NI. I'm probably overthinking it!

On this page I guess it also answers my question, just as you did! - Comparison of Form 8938 and FBAR Requirements

Types of Foreign Assets and Whether They are Reportable
‘Social Security’- type program benefits provided by a foreign government
FBAR - No
Form 8938 - No
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