You Should Get As Much Out of Your Retirement As You Put Into Your Business.

You Should Get As Much Out of Your Retirement As You Put Into Your Business. When your business is your life, your retirement plan should benefit both. Owning your own business often means professional decisions affect your personal finances. So if you're a business owner, it's worth looking into an Edward Jones Simplified Employee Pension (SEP) IRA: Your personal retirement contribution is considered a tax-deductible business expense. And if you open a SEP IRA by your business tax-filing deadline, you can take the deduction for last year.* What makes a SEP IRA even more attractive is the fact that the contribution limit is substantially higher than with traditional IRAs. For the 2005 tax year, for example, you can contribute as much as 25% of your pre-tax income — up to a total dollar amount of $42,000 — to your SEP IRA. Since Edward Jones offers face-to-face, personalized service, we can help ensure your SEP IRA meets your needs, as well as those of your business. Maximum contributions can give you and your business the maximum tax advantage. As with any retirement plan, the longer you contribute the maximum amount, the more time your money has to grow. Yet when you consider the size of the annual contribution limit, it's easy to see that a SEP IRA with the maximum contributions offers a significant financial advantage. And since your contributions grow while enjoying tax benefits, you could find yourself reaching your retirement goals much faster than you imagined possible. Another compelling reason to establish a SEP IRA now. The first thing you need to know is that setting up a SEP IRA is easy. It requires no special IRS filing and the annual fees are low. But more importantly, if you establish and contribute to a SEP IRA by your business tax filing deadline, you can take the deduction for last year. Give your business a tax deduction for last year — talk with Edward Jones today. At Edward Jones, we can help develop a retirement strategy that makes sense. A SEP IRA isn't right for everyone, but by understanding your retirement goals, we can determine what's best for you and your business. If you'd like to learn whether a SEP IRA is your best option, or to find out more about all of the many retirement plans we offer, speak with your investment representative before your business tax filing deadline. While a SEP allows you to contribute for 2005, if you would like to save more in 2006, ask about the Edward Jones Owner K™ or Owner DB™ business retirement plans now. *Edward Jones does not provide tax or legal advice. You should consult with your tax or legal adviser about your particular situation.