A Simplified Employee Pension (SEP) is a flexible plan that provides business owners with an easy method to contribute toward their employees' retirement as well as their own. SEP is a great option for self-employed individuals or business owners looking to take advantage of tax-deductible contributions and tax-deferred growth.

Key features of a SEP Retirement Account:
  • Easy to set up and administer
  • Available to any size business
  • Low administrative costs
  • Can be combined with a traditional IRA or a Roth IRA
  • Establish financial security for you and employees
  • Tax-deductible contributions for business owners and employees
  • Your business pays no tax on the earnings on investments
  • No filing requirement for the employer
  • Use this benefit to attract and retain employees
Ready to set up your plan? Visit a local banking center or contact Johnny Long for more information or to open an account.

East Cambridge at Your Service

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    Johnny Long

    AVP, Business Development Officer
    NMLS ID: #855177
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