Simplified Pensions

SEPs are an excellent and efficient way for business owners to set aside retirement funds for employees and themselves.

Features Include:

  • Contributions to a SEP are tax deductible (up to 25% the employees' income).
  • Contributions are immediately 100% vested.
  • The business pays no taxes on the investment earnings.
  • Annual contributions are not mandatory.
  • No administrative costs.

Learn More & Get Started

In selecting retirement plan options, consult your tax advisor about the program that will make sense for you. Then visit your local branch office, or call and ask to speak to one of our Customer Associate at 860.435.9801.