If you’re self-employed, a SEP IRA may be your retirement option.

A variation of our IRA, called a Simplified Employee Pension (SEP) account, is a clever option for local businesses to support their employees. Whether you're self-employed and without employees, or are managing numerous employees, all employees receive the same benefits under a SEP plan. Because SEP accounts are treated as IRAs, funds can be invested the same way as an IRA. It’s easy for small businesses to set up and maintain.

A Unitus SEP IRA allows self-employed business owners to:

  • Make contributions with higher limits than an IRA
  • Get tax-deferred earnings until age 70½ when all withdrawals are subject to taxes
  • Make contributions that are tax–deductible
  • Lower your income tax liability in the current year

To add a SEP IRA plan to your employee benefit offerings, please contact us at (503) 227-5571 or (800) 452-0900. You may also send us an email at

Please note: Unitus Community Credit Union does not provide tax advice, and nothing in this section should be construed as tax advice. Before acting on this information, consult your own accountant or tax advisor.

Leaving so soon?

By clicking on this link you'll be leaving Unitus Community Credit Union to visit one of our trusted partners. If this was done in error, please Click Here.

Otherwise, come back and visit anytime!

Go Back Continue

Go Ahead. Get Social.

By clicking on this link you’ll be leaving Unitus Community Credit Union to visit one of our trusted social media sites. Once this notification closes please click again on the link/site you were trying to access.

Thank you!

Go Back Continue