In observance of Martin Luther King, Jr. Day, all PenAir locations will be closed on Monday, January 19. As always, members can still access their accounts 24/7 via our mobile app or online.
Branch Closures
In observance of Martin Luther King, Jr. Day, all PenAir locations will be closed on Monday, January 19. As always, members can still access their accounts 24/7 via our mobile app or online.
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.