Generate 5498 Statements

Overview of IL273

The Generate 5498 Statements report searches for all contributions made to IRA investments in the year and produces statements that can then be mailed to investors. The report is typically run at the end of year during your organization's year end periodic processing. The report can then update the IRS Reporting System so that the information can be reported to the IRS. To generate the report:

• From the DDI Connect main menu, double-click Financial Services
• Double-click Investments
• Double-click Reports
• Double-click 273 Generate 5498 Statements. The parameters screen will launch:

You have the following options on this screen:

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