(Simplified Employee Pension plan)

Easy, inexpensive plan for self-employed individuals and small businesses
  • Flexibility with employer contributions
  • Employer contributions deductible as a business expense
  • Offers a full range of investment choices
  • Use the Small Business Selector to find a plan 

Up to 25% of compensation

or $53,000 in 2016 ($54,000 in 2017), whichever is less


Self-employed individuals without retirement plan coverage2

Features of a SEP IRA

Flexible employer contributions- image

Eligibility information

Available for self-employed individuals and owners of small businesses. Employees must be age 21 or older, receive annual compensation of $600 or more, and have worked for the company for at least three of the past five years.

Easy set up and administration - image

Setup and contribution deadline

Account must be established and funded by the employer's tax filing deadline (plus extensions)

Tax deduction on contributions - image

The flexibility to invest how you want

Let E*TRADE Capital Management manage your account, or diversify with a choice of mutual funds, ETFs, stocks, and more

Full Range of Investment Choices - image

Easy setup and administration

IRS Form 5500 filing not required


Get up to $600 plus 60 days of commission-free trades for deposits of $10k or more.1 How it works


Get up to $600 plus 60 days of commission-free trades for deposits of $10k or more.1 How it works

Explore similar accounts


A retirement plan similar to a 401(k)

A SIMPLE IRA is an easy, inexpensive plan for businesses with less than 100 employees.

Learn more

Profit-Sharing Plan

A flexible plan for small businesses

This full-featured plan lets small business employers make discretionary deductible contributions to their employees' retirement savings.

Learn more

Investment-Only (Non-Custodial) Account

A retirement plan with flexible investment choices

If you have your own plan administrator, this account provides a trading platform to help invest funds and manage the program.

Learn more