Business IRAs

Help your team prepare for the future.

Our retirement accounts allow your employees to build long-term stability. We’ll work with you to decide which IRA is right for your business.

Simplified Employee Pensions (SEPs)

  • Business retirement plan for any type of employer including self-employed individuals with no employees.
  • Contributions are made to your IRA.
  • Full deductibility.
  • Higher contribution limits.
  • No age limit.
  • Contributions to the plan must be made on or before employer’s tax filing deadline plus extensions.

Savings Incentive Match Plan For Employees (SIMPLE)

  • Retirement plan for small businesses with 100 or fewer employees.
  • Salary deferral contributions prior to Federal and State Taxes.
  • Tax deferred until distribution.
  • Contribution limits adjusted annually by cost-of-living adjustments.
  • Calendar year contributions.