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907581 FIDELITY INVESTMENTS Understanding Your 2012 Form 5498-SA for Your Health Savings Account Fidelity is committed to providing concise, detailed information so that you can complete your income
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What is purpose of form 5498?
The purpose of form 5498 is to report contributions to Individual Retirement Accounts (IRAs), Roth IRAs, and other types of retirement savings plans.
Who is required to file purpose of form 5498?
Financial institutions, trustees, or custodians that hold individual retirement accounts or other eligible retirement plans are required to file form 5498.
How to fill out purpose of form 5498?
To fill out form 5498, you need to provide information about the account holder, contributions made to the retirement plan, fair market value of the account, and any required minimum distributions.
What is the purpose of purpose of form 5498?
The purpose of form 5498 is to provide the IRS with information about contributions made to retirement plans so that they can ensure tax compliance and retirement savings accountability.
What information must be reported on purpose of form 5498?
Form 5498 requires reporting of the account holder's name, address, taxpayer identification number, contributions made to the retirement plan, rollovers, fair market value of the account, and any required minimum distributions.
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