SEP IRA

Create an employee retirement plan with an Simplified Employee Pension Plan (SEP) IRA, a hassle-free plan designed to help you and your employees reach your retirement goals.

Looking for a simple solution for your employee retirement plan? Try an SEP IRA, a hassle-free plan designed to help you and your employees reach your retirement goals.*

How will an SEP plan work for my business?

• Each year, you will choose how much to contribute to the SEP IRA on behalf of eligible employees
• Your contributions will be tax-deductible
• Employees will each receive your contributions as tax-deferred earnings in their traditional IRA
• Contributions can be easily sent via data transmission

What benefits does an SEP IRA offer my business?

• Tax-deductible contributions for you, the employer
• Tax-deferred earnings for your employees
• Easy setup
• Large variety of investment products, including stocks, bonds, mutual funds and bank products such as FDIC-insured CDs and money market accounts

Contact a business banking representative at (573) 634-0888 or stop by any location for your one-on-one financial review.

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