2023 IRA Contribution Forms Are Going Out

April 29, 2024

IRS Form 5498 will be mailed by May 31, 2024 to IRA policy owners who had reportable contributions.

Form 5498 shows contributions made during the tax year. In addition to premiums, contributions to an IRA include direct rollovers, recharacterizations and Roth IRA conversions. If there was a reportable 2023 contribution or a fair market value as of Dec. 31, 2023, the policy owner will receive a 5498 statement.

We send the statements to policy owners for recordkeeping purposes only. Policy owners do not need to include the form when they file their taxes.

If you have any questions about setting up EFT, please contact our service specialists at 800.247.6888 or send us a message.

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