Provide for your employees, provide for yourself
Add retirement benefits
A SEP Plan is ideal for employers and the self-employed.
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.
*Consult with a tax professional about potential tax savings.