Big company benefits don’t have to come at a big price. Our business IRAs help your employees meet retirement goals, no matter the size of your business. Details
Ideal for businesses of any size or self-employed individuals
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 interest 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
Can contribute up to 25% of each participant's annual compensation (earned income)
Or, up to the maximum allowable limit for current plan year, whichever is less
Must contribute equally for all employees
Employee must first establish a traditional IRA, in which the employer will deposit SEP contributions
$100 minimum deposit to open
