Boost employee morale and attract a high caliber of candidates when you offer IRAs in your company's benefits package. Self-employed individuals can also set up their own accounts.

Savings Incentive Match Plan (SIMPLE) IRA

Give your staff an opportunity to save for retirement. A SIMPLE IRA is an ideal savings option for small companies who wish to improve their benefits package and help their employees plan for the future.

Account holders can elect to defer a portion of their salary to build their balance. Contributions and earnings are tax deferred, and the company can match a portion too. This account is available to self-employed individuals as well. Give your employees — and yourself — the promise of a bright future with this tax advantaged retirement account.

  • Help employees save for retirement
  • Interest bearing account
  • Employees can contribute on a tax-deferred basis
  • An employer can match up to 3% of the employee's salary
  • Employee may elect salary deferrals
  • For employers with 100 or fewer employees
  • Available for self-employed individuals
  • Easy to get started and run
Simplified Employee Pension (SEP) IRA

Enhance your benefits package and help your employees save for retirement. This specialized account is ideal for small companies and self-employed individuals.

Set up an SEP IRA for your company and make contributions toward employees' retirement fund. The business gets a tax deduction, and the contribution is not considered income to the employee until it is distributed. Put yourself and your workers on the road to a prosperous retirement. Let us help you get started today.

  • Help employees save for retirement
  • Ideal for self-employed individuals
  • Interest bearing account
  • Higher contribution limits than traditional IRAs
  • Employer contributions are tax deductible
  • Employee funds are tax deferred
  • Contributions based on employee's salary

  • Must be the same percentage for all employees

  • Lower cost than other plans
  • Easy to get started