|Participants||All SEP contributions are made by the employer. Their employees can contribute to personal IRA accounts.|
|Employer contributions||The maximum contribution can't exceed the lesser of: |
Contributions are deductible as a business expense and not required every year.
|Investment choices||More than 100 Vanguard mutual funds, plus ETFs and individual securities through Vanguard Brokerage Services®.|
|Eligibility||Generally, employees must be allowed to participate if they're 21 or older, earn at least $600 annually (limit for both 2015 and 2016), and have worked for the same employer in at least three of the past five years.|
|Account service fees||$20 per year for each Vanguard fund with an account balance less than $10,000. Fee does not apply to Flagship, Voyager Select, or Voyager Services clients or shareholders who have signed up for paperless communications.|
Tools to help you choose
Why choose a Vanguard SEP-IRA
- Save money
- On average, Vanguard mutual fund expense ratios are 82% less than the industry average.** Our plans also don't require a setup fee.
- Find the right investments
- We offer a diversified fund lineup with no minimum initial investment that has delivered solid long-term investment results.† See our listings in Money magazine.††
- Simplify your plan
- Take a tour of Small Business Online to see how you can manage and make contributions to your plan. Your employees can use Vanguard.com to track their investments.
It's easy to get started
We can provide all the help you need to set up your plan. Call a small-business specialist at 800-662-2739.