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Simplified Employee Pension Plan (SEP) A Simplified Employee Pension Plan is a written arrangement (IRS model, prototype document or an individually designated document) that allows an employer to make contributions toward employees' retirement plans. A SEP must be outlined in a formalized plan document. A SEP is funded through Traditional IRA accounts established by the employees to receive employer contributions. An employee can fund their IRA in conjunction with a SEP, but the aggregate Traditional and Roth IRA contributions cannot exceed $4,000 annually (or $5,000 if aged 50+). SEPs are generally implemented by small businesses, particularly self employed individuals, who want a retirement savings plan that is easy to establish, inexpensive to maintain and provides a significant tax shelter. There is no limit as to the number of employees that can participate in a SEP IRA.   Learn more |
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After the close of the
transaction where TD AMERITRADE Online Holdings, Inc. purchased
Fiserv Trust Company, deposits of IAS accounts that remain with
Fiserv Trust Company will remain on deposit with and FDIC insured through:
Fiserv Trust Company, member FDIC INVESTMENT PRODUCTS - NOT FDIC INSURED - NO BANK GUARANTEE - MAY LOSE VALUE |
Deposits of IAS accounts that moved
to Trust Industrial Bank after the close of the transaction where TD
AMERITRADE Online Holdings, Inc. purchased Fiserv Trust Company will
be on deposit with and FDIC insured through:
Trust Industrial Bank, member FDIC INVESTMENT PRODUCTS - NOT FDIC INSURED - NO BANK GUARANTEE - MAY LOSE VALUE |