AN EASY, LOW-COST RETIREMENT PLAN
A SEP is a Simplified Employee Pension Plan in which employers make contributions to traditional IRAs set up for employees, including self-employed individuals (subject to certain limits). A SEP is funded solely by employer contributions. Each employee is always 100% vested in or, has ownership of all money in his or her SEP IRA.
- Can be setup by a business of any size, even a self-employed individual
- Is easy to set up and operate
- Has low administrative costs
- Also, have flexible annual contribution obligations–a good plan if cash flow is an issue
You may download account forms or request an account kit by calling 1-888-793-5333.