5 Benefits offered by a SEP – IRA account
Low operating costs for employers.
Flexible and higher annual contribution limits.
Investment can grow with deferred taxes.
Tax optimization for your company.
What is a SEP IRA, and how can it help you as an entrepreneur?
The challenges for business owners are more significant every day, especially when facing high inflation and a possible recession.
Therefore, Small Business Owners must always search within the field of legality, which instruments can be used to achieve two objectives:
First, retain and maintain the best human resources and ensure that they are motivated.
Optimize your tax planning to pay what is right, but not leave extra tips to the IRS.
The SEP - IRA or Simplified Employees Pension - Individual Retirement Accounts, allows employers to contribute to traditional IRA accounts (SEP-IRA) established for employees, regardless of the size of their company.
They are fed only by the employer on behalf of their workers, which allows them to deduct from the company's tax return for the contributions made.
How does the SEP – IRA work
in Advise Financial?
Opening of accounts and costs.
The opening process is completely free for the company and workers, we will guide them through the necessary steps and additionally we will open their SEP - IRA accounts for workers.
Determine Investor Profile of your workers
Advise Financial will help each worker to determine their investor profile and from Charles Schwab (the Seventh Investment Bank in the USA) we will make the investments for them, with tailor-made low-cost and highly diversified portfolios.
In our case, we only charge a commission of 0.90% per year of the balance that workers have in their individual retirement accounts, it is automatically charged and has no cost to the company.