Is it time-consuming to establish and maintain a Simplified Employee Pension (SEP)?
A SEP plan is one of the easiest retirement programs to establish and maintain. An employer makes contributions directly into the individual retirement accounts of each eligible employee. There are no complicated tax forms to complete and no required annual IRS plan-level filings, which may exist with other retirement plans.
Related Questions
- If Im self-employed, can I contribute to a Traditional IRA if Im already contributing to a business retirement plan like a simplified employee pension (SEP) plan?
- What if a business can make a contribution to the Simplified Employee Pension (SEP) every year?
- What is a simplified employee pension (SEP)?
