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SEP - A Simplified Retirement Investment Plan for Self-employed Individuals

A simplified employee pension is a retirement plan made for business owners and self-employed individuals. The employer only is allowed to make the contributions in this plan to eligible employees. It is the most preferred plan for many business owners because setting up this plan is totally free and the contribution limits are higher than others. The rules for this investment plan are same as the traditional IRA since it is one of the types of it. For more details about SEP investment, visit https://sproutira.com/

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SEP - A Simplified Retirement Investment Plan for Self-employed Individuals

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  1. SEP - ASimplified RetirementInvestment PlanforSelf-employed Individuals

  2. - Introduction - SEP Investment Contents - Eligibility - Contribution - Contact Us

  3. Introduction A simplified employee pension is a retirement plan made for business owners and self-employed individuals. It is the most preferred plan for many business owners because setting up this plan is totally free and the contribution limits are higher than others.

  4. SEPInvestment The employer only is allowed to make the contributions in this plan to eligible employees. The rules for this investment plan are same as the traditional IRA since it is one of the types of it.

  5. Eligibility The contributor must be above the age level of 21, must worked for at least 3 years for the employee and received not lesser than 600 dollars of compensation. Any employee satisfies the above three conditions can instantly set up an account with the help of trustee or custodian.

  6. Contribution The employer is allowed to make contributions to all eligible employees. The maximum contribution made to an employee cannot exceed the 25% of compensation or 56,000 dollars in the year 2019.

  7. ContactUs For more details about SEP investment, visit Sprout IRA. Email Address support@sproutira.com Phone Number +1 855 608 9424

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