I received a 5498 with a dollar amount in box 10 ("Roth IRA contributions"). Since I don't have a Roth IRA with this financial institution, this was unexpected.
However, the same institution *is* my Roth 401K provider. So I asked them [thru my company's HR dept] what was going on. And the answer was:
The Roth is part of the [employer's] plan. This form just shows her the contributions and fair market value of her Roth account at
12-31-06. This form is required to be sent to all that have Roth assets.
I'm still suspicious. Is this true -- that a 5498 is sent to those with Roth assets, regardless of whether those assets are held in a
401K or an IRA?