SEP IRA

Create an employee retirement plan with an Simplified Employee Pension Plan (SEP) IRA, a hassle-free plan designed to help you and your employees reach your retirement goals.

Looking for a simple solution for your employee retirement plan? Try an SEP IRA, a hassle-free plan designed to help you and your employees reach your retirement goals.*

How will an SEP plan work for my business?

  • Each year, you will choose how much to contribute to the SEP IRA on behalf of eligible employees
  • Your contributions will be tax-deductible
  • Employees will each receive your contributions as tax-deferred earnings in their traditional IRA
  • Contributions can be easily sent via data transmission

What benefits does an SEP IRA offer my business?

  • Tax-deductible contributions for you, the employer
  • Tax-deferred earnings for your employees
  • Easy setup
  • Large variety of investment products, including stocks, bonds, mutual funds and bank products such as FDIC-insured CDs and money market accounts

Contact a business banking representative at (866) 236-8744 or stop by any location to learn more.

 

Not sure which solution is right for your business? Take a few minutes to run through Business Analyzer today. We’ll ask a few simple questions about your business and provide recommendations just for you.

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