File Necessary Forms: File IRS Form 5500 each year to report the plan's status and compliance. Employee Stock Ownership Plan (ESOPs).SEPs1 are one of the most common retirement savings plan options for 1099 workers. If you are retired from URS, you must notify your employer and complete a Post-Retirement. Enter the amount of any distribution from a qualified IRC Section 401(a) retirement plan that is included in your federal adjusted gross income. USU's retirement plans provide a strong foundation for our employees. Saving for retirement is a very important and personal decision, and the University is pleased to provide several tools to assist you. Employees may also participate in a Dependent Care Flexible Spending Account (DCFSA). Securing your today and tomorrow. Prepare - laptop Prepare.