Employer IRA Plans
Tax-Advantaged Employee Savings Plans

Help your employees plan for their future by setting aside money for their retirement. We offer access to employer IRA plans designed for small businesses.††† These plans offer tax deductions to the employer and tax-deferred earnings to the employee. All earnings are tax deferred until they are withdrawn. These retirement plans are easy to set-up and administer, plus no extra reporting to the IRS is necessary.

	Highlights Below > Benefits Your Business Will Receive > Account Choices > IRA Options

Benefits Your Business Will Receive

• Helps employees prepare for retirement
• Contributions are tax deductible to employer
• Tax-deferred earnings to the employer and employee
• Helps to attract and retain quality employees
• Easy to set up and administer
• No extra reporting to IRS is necessary

Account Choices

Employee Pension IRA (SEP)

A Simplified Employee Pension Plan (SEP) is a retirement plan set up by an employer for the benefit of the employees. This plan is especially designed for businesses with less than 10 employees. Once established, employers may make SEP contributions into each employee’s IRA as well as their own. More

Employee Savings Match IRA (SIMPLE)

An Employee Savings Match IRA SIMPLE is a retirement plan set up by an employer for the benefit of employees. This plan is designed for companies with fewer than 100 employees. Each employee must maintain an individual retirement account into which employer contributions are funded. Employees, at their discretion, may also contribute to the SIMPLE IRA account. More

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IRA Options

Employers may open a self-directed IRA and invest in mutual funds and other non-FDIC-insured investments in addition to our FDIC-insured Retirement CDs.

	Bank IRAs† Offered through American Savings Bank FDIC-insured accounts Fixed Term Available through branches
	Brokerage IRAs††† Offered through UVEST Financial Services Non-FDIC-insured investments, i.e., mutual funds and annuities