May 31 – Final Due Date for IRA Trustees to Issue Form 5498
Final due date for IRA trustees to issue Form 5498, providing IRA owners with the fair market value (FMV) of their IRA accounts as of December 31, 2021. The FMV of an IRA on the last day of the prior year (Dec 31, 2021) is used to determine the required minimum distribution (RMD) that must be taken from the IRA if you are age 72 or older during 2022.