PRO SEP is a new retirement option under USPTA Retirement Gold+ program. With PRO SEP you are now eligible for a SEP plan even though you are self-
How much can I contribute to my SEP?
The contributions you make to each employee’s SEP-
1.25% of compensation, or
2.$54,000 (for 2017 and subject to annual cost-
These limits apply to contributions you make for your employees to all defined contribution plans, which includes SEPs. Compensation up to $270,000 in 2017 and subject to cost-
How much can I contribute if I’m self-
The same limits (20% of Net Schedule C) on contributions made to employees’ SEP-
Must I contribute the same percentage of salary for all participants?
Most SEPs, including the IRS model Form 5305-
If you haven’t made contributions to participants’ SEP-
If you are self-
Retirement Account Consolidation
You can transfer your current IRA accounts into this plan. By doing this you avail yourself to what could well be lower expenses, more attractive investments, and access to the funds you cannot source elsewhere. Moreover, your entire retirement account can be calibrated to your retirement needs and goals.
In a SEP, fund companies will lower their minimums for their lowest cost fund shares or have special share classes. SEPs also enjoy an investment called Stable Value where you can invest without market risk and receive a return better than a cash account.
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