Skip to main content
Venturize

SEP Plan

A Simplified Employee Pension (SEP) plan provides business owners with a simplified method to contribute toward their employees’ retirement, as well as their own retirement savings.

Issue

A wide array of business retirement plans are available that benefit you at tax time. While the plans vary subtly  in the tax benefits they provide, what we’re generally looking at is some combination of tax-deductible contributions, tax-deferred growth, and (in the case of Roth contributions), potential tax-free withdrawals.

Many small employers want to facilitate and offer retirement savings for their employees, but it can be daunting and time-consuming to sort through the available options. However, a number of changes in the marketplaces are making it easier and more affordable for small businesses to offer a retirement plan.

Although retirement planning may not always be a high priority for busy small business owners, there are plenty of options available to help you start saving for the future. Read on for an overview of common workplace-based plans.

Subscribe to