SEP IRA Rules
The SEP IRA is a retirement plan designed to benefit self employed individuals and small business owners. Sole proprietorships, S and C corporations, partnerships and LLCs qualify.
SEP IRA Specifics
The SEP IRA has a maximum contribution limit of $49,000 for 2010 and 2011.
Contributions to a SEP IRA are generally 100% tax deductible.
Contributions to a SEP IRA are made exclusively by the employer. Employees do not contribute.
Withdrawals from a SEP IRA are permitted after age 59 1/2 without penalty.
SEP IRA Rules and Frequently Asked Questions
Learn more about SEP IRA FAQs and SEP IRA rules.
How Can BCM Help You?
Beacon Capital Management Advisors (BCM) is experienced in setting up retirement plans for our clients. BCM provides retirement plans to the self employed, freelancers, entrepreneurs, independent contractors and small business owners and is registered in 50 States. Complete the form below and a BCM Advisor will promptly respond to your inquiry.
Disclosures:
*The information on this page is for informational purposes only and does not constitute, and should not be construed as, professional, legal or tax advice. To determine your individual tax situation and specific needs, please consult a professional tax advisor.
*Information contained in these sections merely highlight some benefits. There are risks involved with all investments that could include tax penalties and risk/loss of principal.
