Is a SEP-IRA Right for You?

A Simplified Employee Pension Individual Retirement Arrangement (SEP-IRA) has much higher contribution limits than a Traditional IRA. It is also easy to set up and maintain. You may open a SEP-IRA if you are a business owner or earn self-employment income, even if you are covered by a retirement plan at your full-time job. A SEP-IRA allows you to decide how you want to invest your money, and contributions are not included in your taxable income until you withdraw the principal.


SEP-IRAs May Simplify Retirement Contributions for Small Business Owners

If you own your own business, a SEP-IRA may provide you with a simplified means of making retirement contributions for yourself and your employees. SEP-IRA contributions go directly into employee-owned IRAs.


Who Should Use a SEP-IRA?

In general SEP-IRAs are typically used by:

  • Small business owners with 25 employees or less, or
  • Individuals who are self-employed


Learn More

To learn more about our IRA services, please contact one of our experienced IRA consultants at or by phone at one of our locations:


Texas Office – IRA Department:  800-580-2933

Georgia Office – IRA Department:  800-262-2429


You can also visit the IRS website for additional information on SEP-IRAs by clicking here.