Yes, foreign pensions and retirement accounts are reportable on the Foreign Bank Account Report (FBAR) if you meet the reporting threshold. Foreign Bank Account Report (FBAR) regulations require individuals to report all foreign financial accounts with an aggregate value exceeding $10,000 at any point during the calendar year. This includes life insurance policies, annuities, foreign pensions, and retirement accounts. The policyholder, not the beneficiary, is responsible for filing the FBAR. Therefore, it is important to keep in mind that foreign pensions and retirement accounts, like life insurance policies, are considered financial accounts held outside the United States and must be reported.
If you have a foreign pension or retirement account and the total value of your foreign financial accounts exceeds the $10,000 threshold at any time during the year, you should consider these accounts when determining your FBAR filing obligations.
Find more about FBAR here: FBAR: Requirements, Deadlines, and How to File