Surgent's Features and Benefits of SEP IRAs and SIMPLE IRAs
April 1, 2026
Webinar
2 CPE Credits
Surgent's Features and Benefits of SEP IRAs and SIMPLE IRAs
A challenge for many small business owners is choosing the `right' type of retirement plan for their businesses. Many hesitate to adopt retirement plans for their businesses because they are intimidated by the governing rules. In those cases, SEP and SIMPLE IRAs are reasonable solutions because they are easy to establish, maintain, and communicate with employees; have minimal administrative costs; and are practical and efficient ways to start a retirement plan. These IRA-based plans
SEP IRAs and SIMPLE IRAs
have low maintenance costs and are easy to communicate to employees.
With IRA-based employer plans, employer contributions are sometimes discretionary, giving business owners the choice of whether to fund every year. Despite the simplicity of these plans, employers must ensure that applicable compliance requirements are met to avoid penalties. To that end, this course will cover some key provisions of SEP and SIMPLE IRAs.
Learning Objectives
Help small business owners understand why they need to adopt retirement plans for themselves and their employees
Identify critical features and benefits of SEP IRAs and SIMPLE IRAs
Determine which employees must be covered under SEP IRAs and SIMPLE IRAs
Determine the steps that businesses should take to establish SEP IRAs and SIMPLE IRAs, and
Explain the operational and administrative requirements for SEP IRAs and SIMPLE IRAs
Major Topics
The new Roth SEP IRAs and Roth SIMPLE IRAs created under SECURE Act 2.0
Key factors for choosing a retirement plan for a small business
Key questions an advisor must ask a small business owner to help determine which retirement plan is suitable for their business
Key questions an advisor must ask a small business owner to help ensure compliance with applicable rules and regulations
How SEP and SIMPLE IRAs benefit the small business owner
How SEP and SIMPLE IRAs benefit employees of small businesses
The tax benefits that help to offset the cost of employer contributions
How to determine which business is eligible to adopt a SIMPLE IRA or SEP IRA
How to determine which employees must be covered
CPE Credits Available
2 CPE Credits
2
Tax
Things to Know About This Course
Course Level
Basic - Intermediate
Prerequisites
None
Advanced Preparation
None
Intended Audience
All practitioners advising clients on these complex issues
