Set up an easy, low-cost retirement plan that shows employees you care. A SEP plan allows you to contribute to traditional IRAs set up for your employees, while offering them a tax-advantaged* fund for retirement.
Simplified Employee Pension (SEP)
Details
- Set up a retirement plan with tax benefits* for your employees
- Ideal for self-employed individuals, sole proprietorships, and partnerships
- Interest-bearing account
- Make contributions on their behalf
- Increase employee loyalty and well-being
- No contribution requirement*
- Employer contributions are usually tax deductible*
- Employee funds are tax deferred*
- No setup fees or maintenance charges
High value ... with low maintenance.
*Consult your tax adviser.