Take a look at the differences between these retirement savings plans Mark Cussen, CMFC, has 13+ years of experience as a writer and provides financial education to military service members and the ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. A simplified employee pension (SEP) ...

Picking the right retirement savings plan and maximizing retirement savings can be a complex landscape to navigate, but it’s key to staying fiscally fit in the twilight years. Retirement planning is ...

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The SEP IRA is a great starter plan for a small business because it is easy to set up and maintain. Also, it provides funding flexibility with discretionary contributions. But sometimes, a small ...

The SEP IRA is one of the best ways for small businesses and individual business owners to help employees save for retirement ...

SEP IRAs have a maximum contribution of $72,000 in 2026. Employers must contribute the same salary percentage to each eligible employee's SEP IRA. Roth IRAs offer more flexibility with withdrawals, ...

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SEP IRAs allow small business owners to save for retirement; contributions are 100% employer-funded. SEP IRA investments grow tax-deferred, with Roth options available under Secure Act 2.0.

The SEP IRA allows you to contribute up to 25% of your compensation, or $69,000 in 2024 and $70,000 in 2025. Remember, you can contribute to your SEP IRA all the way up until the tax deadline - April ...