Simplified Employee Pension (SEP)

Give your employees more reasons to love your company by enhancing their benefits package. Small businesses and self-employed individuals alike can take advantage of this special IRA designed to make offering retirement options easy and affordable. Employer contributions are tax deductible, and employees don't pay taxes on funds until they're withdrawn. Everyone wins!

Benefits

  • Help employees save for retirement
  • Ideal for self-employed individuals
  • Interest bearing account
  • Employer contributions are tax deductible
  • Employee funds are tax deferred
  • Funded solely by employer contributions
  • Employee has 100% ownership of all funds
  • Previous year contributions accepted until April 15
  • Lower cost than other plans
  • Easy to get started and run

*Penalty for early withdrawal.