The 5305-SIMPLE Employee Notification/Salary Reduction Agreement is used with the 5305-SIMPLE Plan Snap-Pac for SIMPLE IRA plans in which the employer designates the financial organization that will receive his or her SIMPLE IRA contributions. It also contains an employee Salary Reduction Agreement, which is used by the employee to make salary reduction elections. Three-part, one-sided, black ink, 8 1/2 x 11.