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Simplified Employee Pension Plan

The Simplfied Employee Pension Plan (SEP) is an IRA option that business can make available to their employees. This retirement plan can be established by employers or self-employed business owners. The SEP is an IRA-based plan to which employers may make tax-deductible contributions on behalf of eligible employees, including the business owner. The employer is allowed a tax deduction for plan contributions, which are made to each eligible employee's traditional (SEP) IRA. 

To set up a SEP or for questions about this product please contact our South Perry Street Office at 419-592-6700.

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