Review:
Sep Ira
overall review score: 4.5
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score is between 0 and 5
A SEP-IRA (Simplified Employee Pension Individual Retirement Account) is a type of retirement account specifically designed for self-employed individuals and small business owners.
Key Features
- Tax-deductible contributions
- Flexible contribution limits
- Investment options
- Easy administration
Pros
- Tax advantages
- High contribution limits
- Simple setup and administration
Cons
- Limited to self-employed individuals and small business owners