As a business owner you may be looking for a Retirement Plan that will help build a nest egg for you and
your employees. At First PREMIER Bank we are dedicated to working with you to understand your goals.
We'll listen and help you unscramble all the various options available to your specific situation.
A Simplified Employee Pension plan (SEP) may be a good choice if you are a small business owner.
Under a SEP, an employer contributes directly to traditional individual retirement accounts (SEP IRA's) for all
employees including the employer. Advantages of a SEP include:
- Low cost, easy to maintain
- You can deduct your contributions for yourself and your employees from your company's federal taxable income
- You are not locked into making contributions each year and have the flexibility to change how much your business contributes year to year
In addition to Simplified Employee Pension plans First PREMIER Bank also offers Retirement plan products
and investments which include:
Contact us for more information.