Does a government-mandated Social Security fund need to be reported on an FBAR?

If the fund is a Social Security fund (i.e. operated by the government), it does not have to be reported.



If the fund is privately operated (you have a specific balance to your name that is contingent on how much money you've contributed) it must be reported, even if contributions to the fund are mandated by the government.

Still need help? Contact Us Contact Us