Financial scams are becoming more sophisticated and are affecting many industries. Remember to Pause. Verify. Protect. PenAir will never ask for your password, PIN, or Authentication code. Learn more at penair.org/account-security.
Is there a difference between a SEP IRA and a SEP?
SEP stands for Simplified Employee Pension, and this plan is available for employers (including the self-employed). Employers can avoid the complex reporting requirements that the government usually mandates for retirement plans. With a SEP IRA, only the employer makes contributions to the account.
