14568-H

Model VCP Compliance Statement-Schedule 8: Failure to Pay Required Minimum Distributions Timely

Agency
IRS
Revision
Rev. 6-2018
Fillable fields
36
Pages
2
Official source
IRS form page
Checked
October 21, 2026
Fill 14568-H online
Page 1 of form 14568-H

Form 14568-H: Schedule 8, Failure to Pay Required Minimum Distributions Timely

Form 14568-H is Schedule 8 of the Model VCP Compliance Statement. It describes a retirement plan failure under Section 401(a)(9) of the Internal Revenue Code: the form says required minimum distributions (RMD) were not paid in a timely manner or were less than what was required.

The form is written for the plan's Applicant and plan sponsor, not for plan participants. It identifies the failure by year, sets out the proposed correction for a defined contribution or defined benefit plan, asks whether relief from the Section 4974 excise tax is requested, explains how the failure arose and lists the enclosures.

The form says not to use it if plan benefits did not start in a timely manner at the plan's normal retirement age or upon the participant's death; then a written narrative goes with Form 14568 instead. You can fill out the PDF free in your browser on this page and download it without an account.

What's on Form 14568-H

Section I: Identification of Failure

A table of calendar years, the number of participants affected and the total amount of missed required minimum distributions, not including earnings.

Section II: Proposed Method of Correction

Space to describe how earnings are figured for a defined contribution plan, or how the additional payment is figured for a defined benefit plan, plus a Yes or No question on IRC Section 436(d) lump sum restrictions.

Section III: Request for Relief

A Yes or No request for relief from excise taxes under IRC Section 4974, a statement about owner-employees or 10 percent owners, and space for the explanation.

Section IV: Change in Administrative Procedures

An explanation of how and why the failures arose and the measures that have been or will be put in place so they do not recur.

Section V: Enclosures

A list of what the plan sponsor encloses, such as calculations for each affected employee or a representative sample.

How to fill out Form 14568-H

  1. 1

    Plan identification

    Enter the plan name, the Applicant's EIN and the plan number. The form says to include them on each page of the submission.

  2. 2

    Section I table

    List each calendar year with a missed distribution. The form says affected participants are counted separately under each year an RMD was not made, not only in the first year of the failure.

  3. 3

    Section II correction

    Complete the paragraph for the plan type. For a defined contribution plan, describe how earnings are determined. For a defined benefit plan, describe the additional payment and answer the Section 436(d) question.

  4. 4

    AFTAP certification

    If No is checked on the Section 436(d) question, the form asks for a copy of the plan's most current actuarial certification of its Adjusted Funded Target Attainment Percentage (AFTAP).

  5. 5

    Sections III and IV

    Check Yes or No for the Section 4974 relief request and give the explanation if Yes. Then describe how and why the failures arose and the measures taken.

  6. 6

    Section V enclosures

    Gather the sample calculations. The form says they show each aspect of the correction method, the interest rate for defined benefit plans, and how earnings were determined for defined contribution plans.

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Where it goes and what goes with it

Part of a VCP submission

The form names the Procedural Requirements Checklist for Form 8950 and says the plan sponsor encloses the listed items with the submission. The form prints no mailing address of its own.

Lump sum restriction

If the defined benefit plan is subject to a Section 436(d) restriction, the form says the plan sponsor contributes, at the time of correction, an amount equal to the corrective distribution.

No instructions on the form

The form has no separate instructions. For the Paperwork Reduction Act notice it points to the current EPCRS Revenue Procedure.

Who completes Form 14568-H?

  • Plan sponsors in a VCP submission

    The plan sponsor encloses it with the items listed on the Procedural Requirements Checklist for Form 8950, the form says.

  • Defined contribution plans

    Section II has a correction method for defined contribution plans that distributes the missed amounts adjusted for earnings.

  • Defined benefit plans

    Section II has a separate method for defined benefit plans: the missed amounts plus an additional payment for the loss of use of those amounts.

  • Not for late benefit starts

    The form says not to use it when benefits did not start on time at normal retirement age or at death. A written narrative attached to Form 14568 is used instead.

The form speaks for the Applicant and the plan sponsor of the retirement plan. It asks for the plan name, the Applicant's EIN and the plan number on each page.

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Questions about Form 14568-H

Who fills out Form 14568-H?

The plan's Applicant and plan sponsor. The form describes a plan-level failure and the plan's correction, so it is not a form for individual participants.

When does Form 14568-H not apply?

The form says not to use it if plan benefits did not start on time at normal retirement age or upon the participant's death. A written narrative attached to Form 14568 is used instead.

Do I include earnings in the Section I table?

No. The column heading says Do Not Include Earnings. Earnings are addressed in the correction method in Section II.

What does Section III ask about?

Whether the Applicant requests relief from excise taxes under IRC Section 4974, with space to explain the request.

What goes with the form?

The items on the Procedural Requirements Checklist for Form 8950, plus the calculations and any AFTAP certification listed in Section V.