Invest in the future for both your business and your employees.
Kearny Bank helps you secure your business's and staff's future with long-term, low-risk savings options with higher interest rates and reduced tax implications. Selecting the right retirement plan and savings approach can bring a brighter tomorrow to those who give their best daily. Invest in your team's and business' future with Kearny Bank's savings tools.
Simplified Employee Pension Plan (SEP)
Contribute today and safeguard your employees’ tomorrow
- Tax deductible contributions are made directly into traditional IRA accounts
- Nearly any type of business can set up a SEP: sole proprietors, small businesses, partnerships, S and C corporations, and even nonprofits
- Contributions are optional and can change from year to year
- Higher contribution limits than other retirement plans