All Point Breeze Credit Union offices will be closed on Wednesday, June 19, 2024 for Juneteenth. Enjoy easy access to your accounts via Online Banking, Mobile Banking and AUDRE (Phone Teller). View the full list of holidays here.

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Employee Retirement Plans

A Simplified Employee Pension Plan helps you plan for retirement

Provide for your employees, provide for yourself

Add retirement benefits

A SEP Plan is ideal for employers and the self-employed.

No-cost startup

There are no setup fees for the employer or employee.

Tax advantages for business owners

Contributions are tax-deductible for the employer, and contributions made for employees are a business expense that reduces net profits.*

No additional reporting required

You don't need to file additional reports with the government, unlike most retirement plans.

Retirement planning made easier

As an employer, you can enhance your benefits package by providing a SEP option to your employees. Just make contributions to each employee's Traditional Individual Retirement Account (IRA) and you have no further responsibilities for managing the funds. At that point, each employee can direct how funds are invested within the account.

We can talk through the setup process and answer any questions you have.

Point Breeze Credit Union is a full-service financial institution with locations throughout Maryland.

*Consult with a tax professional about potential tax savings.