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Jacksonville Florida Form 5305-A-SEP: What You Should Know
If you have any more questions, simply ask or contact me to assist. Why a SEP IRA and not a Traditional IRA? The biggest issue for someone looking to establish a SEP is the amount of money that is necessary to cover all the expenses associated with the plan. Although there are a few business owners that are willing to support their own self-directed retirement account, the amount of money required by some other business owners simply doesn't make sense. Is a SEP-IRA a good idea for your company? You're not alone. A lot of people have made a decision to use a traditional IRA for self investment and then switch to a SEP later on.
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