
Simplified Employee Pension IRA (SEP IRA)
A smart retirement solution for the self-employed. Whether you’re a small business owner, contractor, or entrepreneur, a SEP IRA helps you save for the future while enjoying tax benefits today.
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Factor | SEP IRA | Traditional IRA | Roth IRA |
---|---|---|---|
Consider if |
You are self-employed or a small business owner |
You prefer money to grow tax-deferred until you retire |
You would like additional flexibility for withdrawals, or if you plan to work past age 70 |
Taxable withdrawal* |
True |
True |
Tax-free for qualified withdrawals |
Age requirements |
Employer must contribute for each employee eligible to participate in your SEP, even if they are over age 73 |
Contribute until you're 73 |
Contribute at any age |
Mandatory withdrawals |
Age 73 |
Age 73 |
None |
Start saving for your future today!
-
*Consult a tax professional about your situation.
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Rates effective as of: April 3, 2025
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Ice Cream Day Dates
All Ice Cream Day events are from 4:00 – 6:00 pm.
June 12th- Auburn Branch, 63 Southbridge Street
July 24th- Westborough Branch, 40 South Street
July 31st- Milford Branch, 82 Prospect Street
August 7th- Northborough Branch, 148 Main Street
August 28th- Shrewsbury Branch, 714 Main Street
August 15th- Worcester (Saint Vincent Hospital) Branch – We’ll be serving Goody’s Kettle Corn at the branch all day!
Food Truck Dates
All Food Truck Events are from 11:00 am – 1:00 pm.
July 12th- Westborough Branch, 40 South Street: Tacoborough Food Truck
August 9th- Shrewsbury Branch, 714 Main Street: Savage Wraps Food Truck
August 14th- Worcester (Saint Vincent Hospital) Branch – Garden Fresh sandwiches in-branch
August 23rd- Auburn Branch, 63 Southbridge Street: Bird’s Nest Panini Food Truck
September 6th- Northborough Branch, 148 Main Street: Tacoborough Food Truck
Milford – Off the Hook
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