SEP PLAN

As a small business owner, you may be concerned about saving for retirement and offering a retirement plan for your employees. A SEP IRA can be an important and simple tool to help you and your employees reach your retirement destinations.

A SEP Plan is easy to establish and maintain, and offers simplicity with contribution flexibility. Each year, the employer can elect how much to contribute to the SEP IRA on behalf of eligible employees, from 0% to 25% of compensation, subject to an annual cap, and all contributions are tax-deductible as a business expense. All SEP employer contributions go directly into a Traditional IRA in the name of the employee, giving employees tax-deferred earnings, a variety of investment choices, and comprehensive guidance from Wachovia Securities Financial Advisors.

SEP IRA Benefits

• Tax-deferred earnings for the employee
• Tax-deductible contributions*
• Setup is easy—the employer completes a one-page IRS form, and employees complete the IRA application
• Wide range of investment products—including stocks, bonds, and mutual funds through Wachovia Securities, and bank products such as FDIC-insured CDs and money market accounts
• Receive professional guidance from a Wachovia Securities Financial Advisor or choose to make your own investment decisions with Wachovia Securities Direct

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