On Friday, March 25, 2016 at 9:00:04 AM UTC-7, njoracle wrote:
I'm looking for a web site where I can read some reviews on SEP plans that are
available from various vendors. Any recommendations?
Bear in mind that a SEP plan is basically a trivial one-page document that you, as employer, need to keep on hand (and give a copy of to any employee you have if you have any) -- and an associated IRA account.
Every major brokerage offers SEP-IRAs plans for free. Since they really don't need to do anything different in being custodians for them than they do for regular IRAs. All administration, liability, etc -- falls on the employer in question.
I don't generally recommend them for folks who have employees, but for the self-employed, they're pretty trivial.
This for a self-employed person (a relative). I was looking at Wells Fargo versus Schwab but since I know Schwab, will probably recommend them as the custodian.
I'm looking for a web site where I can read some reviews on SEP plans that are
available from various vendors. Any recommendations?
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