4 Benefits of a SEP IRA

When you are self-employed, you have several options in tax sheltered retirement plans. Here are 4 key benefits of using a SEP IRA:

  • First, you may defer income at a much larger percentage of your pay than through a Traditional IRA.
  • Next, your investment options run the gamut. You are not limited to 15 – 20 investment options as in a 401K.
  • Furthermore, as a sole proprietor, a SEP allows you the additional discretion of funding in profitable years and not funding in challenging years.
  • Lastly, A SEP also allows for contributions up to the tax filing deadline, plus extensions.

Consult a qualified adviser to discuss your specific circumstances. Not all qualified plans have the same provisions and an individual analysis is necessary.


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Always remember that while this is an investor education piece, this does not trigger or relate to trading activity on your account with Financial Future Services. This article is for informational purposes only and not intended as a recommendation. Each investors circumstances are different and a full review of you situation is necessary for a recommendation.

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