What is an IRA?
A special savings account, authorized by the government, which allows you to save for retirement.
What is a SEP IRA?
A Simplified Employee Pension IRA allows employers to contribute to an eligible employee’s Traditional IRA. There are numerous benefits to both the employer and the employee with a SEP IRA.
Who is eligible to contribute to a SEP IRA?
All types of employers can use a SEP IRA to contribute to an employee. These contributions are tax deductible for the employer.
How much can I contribute to a SEP IRA?
How can I get more information?
We realize that sometimes you need more information to make your retirement decisions. If you’d like to talk with a Dedham Savings retirement expert, visit one of our branches or call our retirement planning department at 781-320-1458 and we’ll be happy to share everything we know.