• Pension
• Custodial
• SEP IRA
• Simple IRA
• Rollover IRA

Great Plains Trust Company offers a SEP IRA using the Buffalo Mutual Funds and Fidelity Advisor Funds. Please contact GPTC at 1-888-529-2776 with any questions or for help setting up a SEP IRA.

SEP IRA

A Simplified Employee Pension Plan or SEP is a retirement plan that is commonly used by self-employed individuals and small businesses with 25 employees or less. A SEP Plan is fully funded by the employer and allows the employer to contribute pre-tax dollars to each employees account where the earnings grow tax-deferred. The employer must contribute the same percentage to each employees account. An employer can contribute the lesser of 25% of compensation or $46,000 each year to eligible employee’s accounts.