Help your employees — or yourself — plan for retirement. An SEP IRA is an easy, tax-advantaged* way to save.
Key Features
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Tax Advantages*
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Competitive Dividends
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No Setup or Maintenance Fees
SEP IRA
- Tax-deductible employer contributions
- Great option for the self-employed or small businesses
- Gain the respect of your employees
- Help employees reach their retirement savings goals
- Employee always has complete ownership of all SEP IRA money
- Earn competitive dividends on entire balance
- Contributions are tax deductible; your business pays no taxes on earnings*
- Contributions made only by the employer
- Only self-employed may make contributions on their own behalf
- Little to no documents to file with government
- Inexpensive to set up and operate
- Flexible annual contributions – good plan if cash flow is unpredictable
- Must contribute equally for all employees
- Employee must first establish a traditional IRA, in which the employer will deposit SEP contributions
*Consult a tax advisor.