Statements (51)
| Predicate | Object |
|---|---|
| gptkbp:instance_of |
gptkb:urban_area
|
| gptkbp:administered_by |
Financial institutions
|
| gptkbp:allows_contribution_from |
Employers
|
| gptkbp:can_accept_rollovers_from |
Other retirement accounts
|
| gptkbp:can_be_established_at |
Banks, brokerage firms
|
| gptkbp:can_be_used_for |
Retirement savings
|
| gptkbp:can_create |
Sole proprietors
|
| gptkbp:can_transform_into |
gptkb:Traditional_IRA
|
| gptkbp:created_by |
Employer's decision to offer it
|
| gptkbp:eligibility |
Tax credits for small employers
|
| gptkbp:established_in |
Self-employed individuals
Written agreement |
| gptkbp:has_contribution_limit |
25% of compensation or $66,000 (2023)
|
| gptkbp:has_limitations |
Annual contribution limits
|
| gptkbp:has_tax_advantages |
Tax-deferred growth
|
| https://www.w3.org/2000/01/rdf-schema#label |
SEP IRA
|
| gptkbp:investment |
Stocks, bonds, mutual funds
|
| gptkbp:is_applied_in |
Form 5500 (if applicable)
|
| gptkbp:is_available_in |
Self-employed individuals and small business owners
All states Employees of the employer (if not included) |
| gptkbp:is_beneficial_for |
High contribution limits
|
| gptkbp:is_considered_as |
Employer-sponsored retirement plan
Flexible retirement plan Retirement savings vehicle |
| gptkbp:is_different_from |
gptkb:Roth_IRA
gptkb:Traditional_IRA |
| gptkbp:is_funded_by |
Employer contributions
Employer's discretion |
| gptkbp:is_managed_by |
Account holders
|
| gptkbp:is_not_allowed_to_have |
Loans
Employee contributions Hardship withdrawals |
| gptkbp:is_not_required_to_have |
Employee participation
|
| gptkbp:is_part_of |
Retirement planning
Tax-advantaged retirement savings |
| gptkbp:is_popular_among |
Freelancers
|
| gptkbp:is_regulated_by |
gptkb:IRS
|
| gptkbp:is_similar_to |
401(k) plans
|
| gptkbp:is_subject_to |
Investment risks
Annual filing requirements (if no employees) Non-discrimination rules Required Minimum Distributions (RMDs) |
| gptkbp:is_tax_deductible |
gptkb:Yes
|
| gptkbp:is_taxed_upon_withdrawal |
Ordinary income tax
|
| gptkbp:is_used_for |
Long-term financial planning
Tax-deferred retirement savings |
| gptkbp:suitable_for |
Small business owners
|
| gptkbp:type |
Retirement plan
|
| gptkbp:bfsParent |
gptkb:IRA
|
| gptkbp:bfsLayer |
5
|