When am I required to provide an Asset Valuation of my account?
We will be reaching out to you in the first week of January each year to request the Fair Market Value of your IRA. You can provide us with this information by logging on to your online account or by completing and submitting an Asset Valuation form. Upon receipt of this information, Madison Trust will notify the IRS of your IRA value via Form 5498. (More information about Form 5498 can be found below.)