They’re one of the best retirement plans for long-term wealth building. SEP IRA rules permit employers to create and contribute funds into a SEP IRA for both themselves and all eligible employees.

SEP IRA rules categorically prohibit employees from funding their own SEP IRAs, even when their employers choose not to do so. If your employer offers a SEP IRA, they are required to: Give you a ...

A good option for small business owners, SEP IRAs allow individual annual contributions of as much as $70,000 in 2025, up from $69,000 in 2024.

The distribution rules generally work as they would for a traditional IRA. Now, thanks to the SECURE Act 2.0, employers are ...

A Simplified Employee Pension IRA (SEP IRA) is a traditional IRA for self-employed people and small-business owners. Many, or all, of the products featured on this page are from our advertising ...

SEP rules can lock you into expensive contributions. With an individual 401(k), unless that employee is married to you, you'll have to stop funding your plan or convert it to the more complex and ...

An employee is eligible to participate in a SEP IRA if he or she is at least 21 years old and has worked for the company in three of the last five years, and received at least $600 in compensation ...

Traditional, SEP, and SIMPLE (the only employer-established ... as well as raw land. There are complex rules to follow; your IRA could be disqualified if you violate them. These transfers of ...

withdrawal rules, and investment options. Understanding eligibility requirements and administrative burdens helps you select the plan that best suits your business needs. Solo 401(k)s and SEP IRAs ...

The SEP-IRA contribution limit is the lesser of 25% of income or $69,000 in 2024 ($70,000 in 2025). SIMPLE IRAs allow for $16,000 in total contributions for 2024, rising to $16,500 in 2025.