@jjin090061999
Form 5498 provides the total annual contributions to your IRA account and the type of account (ie traditional, Roth, SEP, etc). It is recommended that you review your tax return and confirm that you reported any deductible contributions accurately. If so, you can keep the form for your records. If you forgot to take a deduction for a traditional IRA contribution, or a SEP, or reported an incorrect amount, you can amend your tax filing.
This form will also report the fair market value of your IRA account. This is a great reference for you on this form: https://turbotax.intuit.com/tax-tips/investments-and-taxes/what-is-irs-form-5498/L2P16IOdN
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