Simplified Employee Pension

Retirement for Your Employees

Retirement for You

Simplified Employee Pension

Simplified Employee Pensions – also known as SEPs – give small business owners the ability to help employees – and themselves – save for retirement. They’re simple in the fact that they’re easy to set up and they follow the same investment, distribution and rollover rules as Traditional IRAs. We’ll be happy to set one up for you – it’s important to discuss the requirements of a SEP with your tax advisor before contacting us.

Simplified Employee Pension Features & Benefits
  • Available to any size business
  • Easy to set up and oversee
  • Flexible annual contributions
  • Employer contributions only
  • Employer must contribute equally for all eligible employees
Stop by your nearest branch and we’ll be ready to help

Ready to get started on retirement savings for you and your employees?

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Member Story
Hannah

Rachel [West Olympia branch] was professional, kind and offered full answers to my questions in addition to educating me about important information pertinent to my transactions that I did not think to ask about. She provided me with the type of welcome I hoped for as I became a new WSECU member.