What's a SEP-IRA?
A SEP-IRA (Simplified Employee Pension) is a retirement account for anyone who is self-employed, owns a business, or earns freelance income.
Who can participate?
Vanguard's brokerage SEP-IRA is designed for anyone who is self-employed and doesn't employ others. For information on a SEP-IRA plan for you and your employees, please visit Ascensus.
Investment choices
You can choose from Vanguard mutual funds, Vanguard ETFs®, mutual funds and ETFs from other companies, individual stocks, CDs (certificates of deposit), and bonds.
Who can use the plan?
Anyone who is self-employed and doesn’t employ others can open a SEP-IRA with Vanguard. Please refer to the IRS form below for more information on eligibility requirements.
Ready to get started?
Set up your new SEP-IRA today!
Looking to open a SEP-IRA for yourself?
Learn more about small-business retirement
Enhance your retirement plan
Looking to enrich your existing retirement plan with quality mutual funds? Our investment-only service opens the door for you to offer Vanguard funds.
Move your plan to Vanguard
Consider moving the small-business plan you hold elsewhere to Vanguard. You can enjoy high-quality, low-cost funds and reliable service for your portfolio.
Frequently asked questions
Certain notifications are required, but there's no IRS reporting.
- All contributions to your SEP-IRA belong to you immediately, and you can withdraw them at any time.
- You can't take a loan from your SEP-IRA
- If you withdraw before age 59½, you're subject to a 10% federal penalty tax. Certain expectations may apply. You'll pay ordinary income tax on any taxable distributions.
Ready to get started?
Set up your new SEP-IRA today!
Looking to open a SEP-IRA for yourself?
All investing is subject to risk, including the possible loss of the money you invest.