Providence Association – Life Insurance & Retirement Savings

Providence Association

Life Insurance and Retirement Savings

Провидіння – Страхування Життя та Пенсійні Рахунки

What is a SEP Plan?

A SEP is a cost effective means for an employer to provide a heavily funded retirement plan for himself and for his valued employees. It is characterized by an extremely desirable contribution “limit”. An employer can contribute the lesser of 25% of compensation or $54,000.00 (in 2017) to an IRA established for each qualified employee. These […]