Re: Opening SEP IRA for \'06--Am I missing anything?
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hmm i did mine on Vanguard a few weeks ago but never filled out a 5305-SEP "Simplified Employee Pension
I added the sep acocunt online then called them up and asked if there was anything else i needed to fill out and they said no.
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No big deal. Vanguard probably meant that they didn't need anything additional from you. You don't need to file 5305-SEP w/ the IRS. You just need to complete it, keep a copy in your records, and give a copy to every employee.
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So.... I don't need to do this then?
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