Simplified Employee Pension (SEP) IRAs are created for individuals who have been employed in their place of work for at least three of the past five years.
Earnings grow tax-free.
There are tax benefits for the employer.
Annual contribution limits are higher than those of traditional IRAs.
There are no catch-up contributions allowed for workers aged 50+.
Want to learn more about Firemen's Federal?
Explore our history, meet the team, and see how we make an impact in our community.
Explore Our Story