The SEP IRA is a great starter plan for a small business because it is easy to set up and maintain. Also, it provides funding flexibility with discretionary contributions. But sometimes, a small ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Ebony Howard is a certified public ...

A SEP IRA, or Simplified Employee Pension IRA, is a retirement plan for self-employed people and small-business owners that allows employer-only contributions into traditional IRAs set up for eligible ...

Claire Boyte-White is the lead writer for NapkinFinance.com, co-author of I Am Net Worthy, and an Investopedia contributor. Claire's expertise lies in corporate finance & accounting, mutual funds, ...

Picking the right retirement savings plan and maximizing retirement savings can be a complex landscape to navigate, but it’s key to staying fiscally fit in the twilight years. Retirement planning is ...

Affiliate links for the products on this page are from partners that compensate us and terms apply to offers listed (see our advertiser disclosure with our list of partners for more details). However, ...

Hard to believe tax season 2022 has already begun. The SEP-IRA can help small business owners reduce their 2021 tax bills. It is hard to believe, but tax season 2022 has already begun, meaning it is ...

If you have money saved in a Simplified Employee Pension (SEP) IRA, you may be wondering what happens when you finally take the money out. Withdrawals from a SEP IRA are counted as taxable income.

Cost and administrative complexity are two of the most frequently cited reasons small businesses give for not offering a retirement plan. But the Simplified Employee Pension (or SEP) IRA and the ...

If you’re self-employed, you have multiple options when it comes to saving for retirement. Of course, an individual retirement account (IRA) is always on the menu, and two of the most popular IRA ...