Retirement Planning

Business ownersRetirement PlanningSEP IRAUpdated for 2021

The IRA for the Self-Employed: Tax & Retirement Planning with a SEP IRA

Updated for 2021. The Simplified Employee Pension (SEP IRA) is a type of a Traditional IRA typically adopted by self-employed small business owners (sole proprietors, partnerships, C and S corporations), and the self-employed. Unlike most types of retirement plans, the SEP IRA is almost always funded exclusively by the employer – employees generally cannot…
Kristin McKenna
November 23, 2016