SEP (Simplified Employee Pension) IRA
A flexible retirement plan for employers and employees
A SEP (Simplified Employee Pension) Plan is an attractive option for small businesses and sole proprietors because it allows them to offer a company retirement plan - and participate in it themselves - with minimal paperwork or costs compared to other qualified plans.
Work at saving today…enjoy your retirement tomorrow:
- Flexibility: Employees can use the same account for both SEP contributions and Traditional IRA contributions.
- Contributions: Employers can make contributions, on a discretionary basis, into a SEP IRA that is designated for each eligible employee.
- Withdrawals: Withdrawals are taxed as ordinary income. Qualified withdrawals can begin at age 59 ½ and must begin by age 70 ½. A penalty tax may apply for withdrawals made before age 59 ½.
Guaranty Bank offers IRA Certificates of Deposit ranging from six months to five years. IRAs offered through Guaranty Bank are FDIC insured.
Lost or Stolen
ATM/Debit Card Notification
1-800-554-8969
About Us | Careers | Online Security | Privacy Notice | Terms of Use | ©
Guaranty Bank
Member FDIC 
