A Simplified Employee Pension—
Individual Retirement Account (SEP-IRA)

This is a simple retirement vehicle that assists self-employed people with saving money for their retirement through tax-deferred accounts. This special IRA is funded entirely by the employer.

SEPs can be established for sole proprietorships, partnerships, or corporations. They are of particular interest to the self-employed person who has no, or few employees (or the individual who has additional income from outside employment).¹

Typically, all employees must be included in a SEP, although there are exceptions. For prior year deductibility, SEPs can be established as late as the due date of the employer's (or self-employed's) tax return.²

¹Consult your legal or tax advisor to determine which plan is right for you.

²The National Underwriter Company's Field Guide to Estate Planning, Business Planning & Employee Benefits, 2000.

All products not available in all states.

Beneficial Financial Group's Advantage series tax-deferred annuities and single-premium immediate annuities are not available in all states. We recommend that you thoroughly read the annuity contract for actual governing contractual provisions and certain exclusions, limitations, reductions of benefits, and terms for keeping the annuity in-force. Beneficial Financial Group recommends that you consult your tax professional or attorney on specific points of interest to you.

Policy form number of Advantage annuities: 9-601-03.

Beneficial Investment Services, Inc., (BIS) is a wholly owned subsidiary of Beneficial Financial Group. Securities and investment advisory services offered solely by Beneficial Investment Services, Inc., member FINRA/SIPC, 150 Social Hall Avenue, P.O. Box 45654, Salt Lake City, Utah 84145-0654 (800) 278-1103.