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SEP IRA stands for Simplified Employee Pension Individual Retirement Account. It's a retirement plan commonly used by self-employed individuals or employers who do not have other qualified retirement plans. Opening a SEP IRA through our brokerage service allows you to have more control and flexibility with investment choices.
1For 2013, contributions may only be based on the first $255,000 of compensation, as adjusted.
2Eligibility requirements may be less restrictive at employer's discretion.
IRS Circular 230 Disclosure: American Century Companies, Inc. and its affiliates do not provide tax advice. Accordingly, any discussion of U.S. tax matters contained herein (including any attachments) is not intended or written to be used, and cannot be used, in connection with the promotion, marketing or recommendation by anyone unaffiliated with American Century Companies, Inc. of any of the matters addressed herein or for the purpose of avoiding U.S. tax-related penalties.
This information is for educational purposes only and not intended as tax advice. Please consult your tax advisor for more detailed information or for advice regarding your individual situation.
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