Individual Retirement Account

SEP IRA

• Available to small business owners and self-employed
• Tax-deducible and tax-deferred
• Establish SEP IRA and contribute until your business tax return due date (including extensions) for the previous year

Simple IRA

• Available to employers with 100 employees or less
• Eligibility: Employer may not maintain another qualified plan at the same time
• Tax-sheltered retirement savings plan
• Contributions consist of employee salary deferrals and employer contributions

We encourage you to consult your financial or tax adviser about choosing the right plan for you.