It’s a two-way street when it comes to your workforce: your employees work hard in return for steady pay from you. Why not take it a step further and help ensure your valued employees’ futures as well? Our various employer IRA options make it easy!

Even if you’re self-employed, an IRA is a smart option that offers valuable tax benefits.* It’s really a win for both sides — employees get a tax-deferred account that will only grow with time, and employers get to enhance their benefits package with a tax-advantaged* retirement plan. Contact one of our experienced advisors to help you set up a plan — either a SIMPLE IRA or a SEP IRA — that works best for your business.

Summary
  • Help employees save for retirement
  • Competitive interest rates
  • SIMPLE and SEP options available
  • Ideal for self-employed individuals
  • Higher contribution limits than traditional IRAs*
  • Employer contributions are tax deductible*
  • Employee funds are tax deferred*
  • Contributions based on employee's salary
  • Lower administrative cost than other plans
  • Some restrictions apply
  • No setup fees and low maintenance fees
  • Penalty for early withdrawal
  • $100 minimum to open

*Consult with a tax advisor regarding tax implications.

Please Note: Applicable limits are updated annually in IRS Publication 590, available at www.irs.gov.

A lasting benefit your employees can count on!