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Ann Arbor Michigan Form 5305-SIMPLE: What You Should Know
This simple form allows employers to establish individual retirement accounts. Form 5305 — SIMPLE (Rev. March 2012) (Ann Arbor, MI) and Form 5305-SIMPLE (Rev. March 2012) (Ann Arbor, MI) allow employees to invest their own funds in a SIMPLE IRA. If you are self-employed, a SIMPLE IRA is also a wonderful way to accumulate money that you can leave for your children later in life, and then used to pay off college tuition for yourselves and your spouse or partner.
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