SEP contributions and earnings are held in SEP-IRAs and can be withdrawn at any time, subject to the general limitations imposed on traditional IRAs. A withdrawal is taxable in the year received.

Simplified Employee Pension Plans (SEP IRAs) from Fidelity help small business employees and self-employed individuals save for retirement and take advantage of tax benefits.

May 1, 2025 · A Simplified Employee Pension IRA (SEP IRA) is a type of individual retirement plan for the self-employed and small-business owners. It is similar to an IRA but with higher contribution limits.

Nov 20, 2025 · What is a SEP IRA? A SEP IRA is a type of retirement plan that enables small business owners, along with their employees, to save money for retirement. Like other IRAs, SEP IRAs are …

Apr 2, 2025 · A SEP IRA is a great retirement savings plan for self-employed people and small businesses with few employees. PeopleImages/Getty Images

A SEP-IRA is a traditional IRA that holds contributions made by an employer under a SEP plan. You can both receive employer contributions to a SEP-IRA and make regular, annual contributions to a …

Dec 1, 2025 · SEPs can be an option for small business owners who are looking for a simplified way to contribute toward their employees' retirement as well as their own retirement savings. How does a …

Nov 18, 2025 · Self-employed workers and small-business owners who want an easy and inexpensive retirement plan should consider a Simplified Employee Pension IRA, or SEP IRA. SEP IRA plans are …

Sep 15, 2025 · A SEP IRA, or Simplified Employee Pension, is a type of retirement account available to small-business owners with few or no employees, self-employed individuals, and those earning a …

Establish your SEP IRA as an employer. Complete the required forms to establish your plan and account. Here are all the documents you'll need to set up your plan depending on if you have no …