Small business IRA

Small business IRA

If you're a self-employed contract worker or a small business owner looking to help your employees save for retirement, a Simplified Employee Pension (SEP) IRA may be a great option for you.

Big benefits for small business owners

Achieving the future you imagine goes hand in hand with the success of your business or contract work. With an Empower SEP IRA, you can contribute up to 25% of your annual income (up to IRS limits) to help you reach your financial goals. You can also manage your own investments and roll over your 401(k) funds from a previous employer.¹

Choose from thousands of mutual funds, exchange-traded funds (ETFs), individual equities and fixed income securities.

Enjoy commission-free online stock and ETF trading.

No annual fee for accounts over $100,000. Only $35 fee per year for under $100,000

Consider all your options and their features and fees before moving money between accounts. The Empower Brokerage account is intended for knowledgeable investors who understand the risks associated with a brokerage account.

Contribute up to 25% of your annual income

To open an account, call us at 877-788-6261

smiling woman on headset sitting at a laptop

1 Online advice and the managed account service are part of the Empower Advisory Services suite of services offered by Empower Advisory Group, LLC, a registered investment adviser.

IMPORTANT: The projections or other information generated on the website by the investment analysis tool regarding the likelihood of various investment outcomes are hypothetical in nature, do not reflect actual investment results and are not guarantees of future results. The results may vary with each use and over time. add--ETFs are a type of exchange-traded investment product that must register as either an open-end investment company (generally known as “funds”) or a unit investment trust. ETFs are not mutual funds. Unlike mutual funds, individual shares of ETFs are not redeemable directly with the issuer.

ETF shares are a collection of securities bought and sold at market price, which may be higher or lower than the net asset value. Investment returns will vary based on market conditions and volatility, so that an investor's shares, when redeemed or sold, may be worth more or less than their original cost. ETFs are subject to risks like those of their underlying securities.

Unlike mutual funds, individual shares of ETFs are not redeemable directly with the issuer. ETF shares are a collection of securities bought and sold at market price, which may be higher or lower than the net asset value. Investment returns will vary based on market conditions and volatility, so that an investor's shares, when redeemed or sold, may be worth more or less than their original cost. ETFs are subject to risks like those of their underlying securities.