Planning for a Better Tomorrow

An IRA is an account set up to help you or your employees save for retirement. Whether you’re self-employed or need retirement options for your employees, we can help. Our experts will listen carefully, explain your options, and help you find the solution that fits your unique financial situation. 

SEP IRAs

A Simplified Employee Pension (SEP) Plan allows a business to start a pension plan for the owner or eligible employees.

Account details:

• No annual fee
  
• Variable and fixed investment options available
  
• Contributions are tax deductible for employer and not included in employee’s income
  
• Tax-deferred interest until distributed
  
• Mandatory distributions upon attaining 72 years of age are penalty free
  
• Employer’s contribution deadline is the due date of that year’s income tax return including any extensions
  
• Other income requirements or account restrictions may apply

Simple IRAs

The Simple IRA is ideal for employers with 100 or fewer employees who want to offer a savings incentive match plan. This employer-sponsored retirement plan allows an employee to make elective deferral contributions from their payroll into the Simple IRA with an employer making a match contribution.

Account details:

• No annual fee
  
• Variable and fixed investment options available 
  
• Tax-deferred interest until withdrawn
  
• Employer will be able to deduct the matching contributions
  
• Employees can elect a percentage from each paycheck to be contributed to a Simple IRA for themselves and receive a tax deduction
• Mandatory distributions upon attaining 72 years of age are penalty free
  
• Other income requirements or account restrictions may apply
  

Our trained experts will listen, explain your options, and help you find the right solution. 

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