Hi all,
Really needing some help here... My sister just got a new job that offers a Simple IRA, and I cannot determine if it is a 5304 or 5305. She asked her boss and her boss (the owner) does not know either. We had a meeting with her financial "advisor" at Edward Jones and he couldn't answer it either.
Should there have been some documentation provided to my sister that determined this? The form she filled out for Edward Jones does not make any mention of it. Is there a different question that I should be asking? I used the terms 5304/5305 as well as DFI/Non-DFI and nobody seems to know what I am talking about (I think the EJ guy is playing dumb). How can I figure this out? Any help is extremely appreciated!
Really needing some help here... My sister just got a new job that offers a Simple IRA, and I cannot determine if it is a 5304 or 5305. She asked her boss and her boss (the owner) does not know either. We had a meeting with her financial "advisor" at Edward Jones and he couldn't answer it either.
Should there have been some documentation provided to my sister that determined this? The form she filled out for Edward Jones does not make any mention of it. Is there a different question that I should be asking? I used the terms 5304/5305 as well as DFI/Non-DFI and nobody seems to know what I am talking about (I think the EJ guy is playing dumb). How can I figure this out? Any help is extremely appreciated!
Statistics: Posted by ora62798 — Fri May 17, 2024 2:10 pm — Replies 1 — Views 76