Running a business is complicated. Keep your retirement plan simple.

  • To be part of a SEP, employees simply open traditional Individual Retirement Accounts at MSGCU
  • Employers, including those who are self-employed, then make regular contributions to employee IRAs
  • Less complicated and expensive to maintain than 401(k) plans, for both employers and employees

There are also tax benefits* associated with Simplified Employee Pension Plans. If you're a business owner and want more information about SEPs, please contact an MSGCU Representative, located here in Michigan, at 866.674.2848. If you want access to our additional business-friendly services, consider opening MSGCU Business Savings and Business Checking accounts, or taking out a Business Loan.

*Please consult a tax adviser for more information.

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