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SEP IRA

Just because you own your own business doesn’t mean you can’t have a retirement plan that fits your needs. A Simplified Employee Pension (SEP) Plan is easy to establish and maintain, and offers tax-deductible contributions (from 0% to 25% of annual compensation) for you and all your eligible employees.¹

Benefits

Setup is easy—the employer completes Form 5305-SEP, a one-page IRS form, and employees complete the IRA application.
Contributions are deductible as a business expense for the employer.
Employees enjoy tax-deferred earnings.
All SEP employer contributions go into a Traditional IRA in the name of the employee, relieving the employer of having to oversee the assets after they are contributed.
A wide range of investments are available—including stocks, bonds, and mutual funds.

Funding your SEP IRA

You establish the plan by completing the form linked below, and provide a completed copy of the form² to your eligible employees.
Your employees complete their own IRA applications (each employee is responsible for making their own investment decisions). Instructions are provided below.
The plan must be established and funded prior to your company’s tax-filing deadline, including extensions.
Initial investment in the SEP IRA will go into your choice of money market funds.
You can choose investments yourself or get professional guidance from a Wachovia Securities Financial Advisor.
Either way, you can choose from a full range of investments, including stocks, bonds, and mutual funds from families like Fidelity, Vanguard, and Evergreen through Wachovia Securities, as well as bank products such as FDIC-insured CDs³ and money market accounts.

To speak to a Wachovia Securities Financial Advisor, call (866) 588-9606, 8:00am to 8:00pm, Monday through Friday, or use our Locator.

Mutual funds are sold by prospectus. Please consider the investment objectives, risk, charges and expenses carefully before investing. The prospectus, which contains this and other information, can be obtained by calling your financial advisor. Read it carefully before you invest.

Evergreen Investment Management Company, LLC is a subsidiary of Wachovia Corporation and a separate affiliate of Wachovia Securities.

Open a SEP IRA

Apply online for a SEP IRA with Wachovia Securities.

Investment Choices

Learn more about the array of investment choices available to you at Wachovia Securities.

Fees and Commissions

Complete information about fees and commissions associated with investment accounts and services, online trades, and broker-assisted trades.

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06/05

¹All eligible employees must receive a contribution at the same percentage of compensation.

² And the other documents and disclosures listed in the instructions.

³ CDs are FDIC insured up to $100,000 per institution and offer a fixed rate of return, while the return and principal value of other investments will fluctuate with changing market conditions. A minimum deposit may apply. Generally, CDs may not be withdrawn prior to maturity.

Wachovia Securities is the trade name used by two separate, registered broker-dealers and non-bank affiliates of Wachovia Corporation providing certain retail securities brokerage services: Wachovia Securities, LLC, Member NYSE/SIPC, and Wachovia Securities Financial Network, LLC, Member FINRA /SIPC.

Securities and Insurance Products: Not Insured by FDIC or any Federal Government Agency; May Lose Value; Not a Deposit of or Guaranteed by a Bank or any Bank Affiliate This site is provided for your information and does not constitute tax advice. Please consult with your accountant or tax advisor for specific guidance. Withdrawals from an IRA made prior to age 59½ may be subject to a 10% IRS penalty in addition to ordinary income taxes.

Wachovia Securities Statement of Financial Condition
Audited - December 31, 2007
Unaudited - June 30, 2007

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