SEP IRAs
Updated: January 7, 2009
Many small business owners and sole proprietors look for ways to set up retirement plans in order to shelter income from taxes.
And there is a way to do it.
As shared by Donna Greene of First Busey Securities (Member NASD/SIPC) on "The Morning Show."
SEP IRA BENEFITS TO THE EMPLOYER
-Simple set up and maintenance
-Low start up costs
-Minimal tax filing
-Contributions deductible to employer
-Contributions and earnings tax-deferred
-No requirement for yearly contribution
22 JANUARY 2004
