Earn the loyalty of your employees by helping them secure their future. An SEP IRA is also a good way to secure your own future if you’re self-employed.
Key Features
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Competitive Interest
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No Setup or Maintenance Fees
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Free Digital Banking
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- Help employees save for retirement
- Ideal for self-employed individuals as well
- Interest-bearing account
- Term deposit investment options available
- No setup or service charges
- First Bank maintains all records required by the IRS
- Free business digital banking services, including:
- Online banking
- Mobile banking
- eStatements
- Convenient automatic renewal
- Higher contribution limits than standard IRAs
- Employer contributions are tax deductible
- Employee funds are tax deferred