Form 5498 — Solution Center Articles

Form 5498 Reporting Made Easy: Navigating Repayments and Postponed Contributions

Between IRS rules, natural disaster extensions, and the new SECURE 2.0 Act provisions, understanding what should (and shouldn’t) be included on Form 5498 can save you and your team headaches down the road.

Avoid IRA Reporting Nightmares and Sleep Easy with These Tips

IRA tax reporting can feel complicated at times, but with a little guidance, it doesn’t have to feel so daunting.

Solution CenterAscensusFebruary 6, 2025Form 5498, Reporting, HSA, Coverdell ESA, Business Insights, IRA, IRS, Compliance & Operations

Reduce Form 5498 Reporting Errors with this Simple Step

This is a busy time for financial organizations, especially for those that manage IRAs. Learn how we can help make your IRA program more efficient.

Solution Center, IRAAscensusApril 4, 2024IRS, IRA, Form 5498

Stay On Top of IRA Repayment and Postponed Contribution Reporting Requirements

IRA reporting requirements seem to grow more complicated each year. Financial organizations are noticing an uptick in the number of repayment and postponed contribution options on IRS Form 5498. Let us help you avoid any confusion—and unnecessary errors.

IRAAscensusJanuary 6, 2022Compliance & Operations, IRA, Contribution, Form 5498, Reporting

Avoid Repayment and Postponed Contribution Reporting Confusion

With an increase in the number of repayment and postponed contribution options comes an increase in confusion about reporting these contributions on IRS Form 5498. Find out how to avoid the confusion—and any unnecessary errors.

IRAAscensusMarch 4, 2021Compliance & Operations, IRA, Contribution, Form 5498, Reporting