Simplified Employee Pension IRA

Ideal for employers who want a simple way to provide their staff with a quality retirement plan, the SEP IRA offers the same flexibility of an IRA in addition to higher contribution limits than Traditional and Roth IRAs.

  • Tax deferred growth potential for business owners and the self-employed
  • Tax deductible contributions
  • Higher annual contribution limits than Traditional and Roth IRAs
  • Two options - IRA Money Market Account or IRA Certificate of Deposit

United States Department of Treasury Regulation Circular 230 requires that we notify you that, with respect to any statements regarding tax matters made herein, including any attachments, (1) nothing herein was intended or written to be used, and cannot be used by you, to avoid tax penalties; and (2) nothing contained herein was intended or written to be used, and cannot be used, or referred to in any marketing or promotional materials. Further, to the extent any tax statement or tax advice is made herein, Urban Partnership Bank does not and will not impose any limitation on disclosure of the tax treatment or tax structure of any transactions to which such tax statement or tax advice relates. Urban Partnership Bank does not provide legal advice to clients. You should review your particular circumstances with your independent legal and tax advisors.

For more information, visit your local branch or contact Customer Service for assistance at 800.905.7725 or 773.420.5050 Monday thru Friday from 8:00 a.m. to 5:00 p.m. CT and Saturday from 8:00 a.m. to 1:00 p.m. CT.

IRA

Pay Yourself First
Put some of each paycheck in your savings. Over time, you’ll grow a nice rainy day fund.

Urban Partnership Bank will provide access to financial services and support to distressed neighborhoods in order to help transform distressed neighborhoods into strong, stable communities.

- David Vitale
Chairman, Urban Partnership Bank