SEP IRAs
Financial Security Starts Today
Business Retirement Plans That Make Cents
Attract and retain top employees by adding a Simplified Employee Pension Individual Retirement Account (SEP IRA) to your employee benefits package. This tax-deferred retirement plan is an option for small business employees and self-employed individuals.
Benefits For Your Business
Business owners with at least one employee or self-employed workers can open an account that mirrors the investment, distribution, and rollover rules found in traditional retirement accounts.
Possible employer tax credit for start-up costs
No fiduciary liability for investments
Low set up costs
Higher contribution limits when compared to Traditional and Roth IRAs
REQUIREMENTS
Eligible Employees Must:
- Be at least 21 years old
- Have worked for the business at least three of the last five years
- Earn at least $600 during the contribution year
(Applies to Tax Years 2018 and 2019)
Give Us a Call to Get Started
210-767-5202