Simplified Employee Pension

A Simplified Employee Pension Plan is an inexpensive way for self-employed persons, sole proprietorships, partnerships, small businesses, small employee groups and corporations to offer a retirement plan to employees. These plans can help you attract and retain a quality workforce.

  • Easy to administer
  • No need to file any additional reports with the government
  • Contributions are tax-deductible for yourself
  • Contributions made for employees are considered a business expense
  • Offers immediate vesting
  • No taxes are paid until funds are withdrawn

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