Guide to SEP IRAs: Retirement Savings for Self-Employed Individuals
Understanding SEP IRAs: A Comprehensive Guide for Self-Employed Individuals
For self-employed individuals looking to save for retirement, a Simplified Employee Pension Individual Retirement Account (SEP IRA) can be a valuable tool. SEP IRAs offer numerous benefits, including tax advantages and flexibility in contributions. Unlike traditional IRAs, SEP IRAs allow self-employed individuals to make contributions on behalf of their employees as well as themselves. This guide will provide a comprehensive overview of SEP IRAs and how they can help self-employed individuals secure their financial future.
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