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Business Retirement Plans - LPL Financial Products & Services

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The Simplified Employee Pension (SEP) is an IRA – based employer plan. Should you decide to adopt a SEP for your business, you will be solely responsible for funding the plan. The level for contribution per each employee is the lesser of 25% of salary or $51,000. If you are unable to determine your profit margin from year to year, you may find the SEP attractive since contributions are discretionary. This means that you could decide not to make contributions to the plan in the years that funds are not readily available. You should bear in mind that contributions to SEP IRAs are immediately 100% vested, meaning employees may take the contributions at any time, whether or not they still work for your business.

If you need further information on this retirement plan or any of the other services LPL Financial offers please contact your LPL Financial Consultant either by telephone at 888.801.1666 or via our easy inquiry form online.

LPL Financial Consultant
Thomas Hart
440.632.3444 (DL)
15985 E. High Street
Middlefield, OH 44062
LPL Financial Consultant
Lisa Swango
440.632.3226 (DL)
15985 E. High Street
Middlefield, OH 44062
LPL Financial Consultant
Ric Rotolo
216.359.5526 (DL)
25201 Chagrin Boulevard
Suite 120
Beachwood, OH 44122

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Securities and Advisory services offered through LPL Financial, A Registered Investment Advisor, member FINRA/SIPC. Insurance products offered through LPL Financial or its licensed affiliates.

Not FDIC Insured Not Bank Guaranteed May Lose Value Not Insured By Any
Federal Government Agency
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