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How do I invite employees to my SEP IRA plan?
How do I invite employees to my SEP IRA plan?
Updated over a week ago

Congratulations on setting up a popular retirement account for self-employed individuals and small business owners. When you're ready to add employees to the SEP plan, here's how to get started.

Inviting employees to your SEP IRA plan

Employees that meet eligibility requirements must set up a SEP IRA account to receive employer contributions. You can invite eligible employees under the Employees section of your dashboard. To send them an invitation to open an account, you'll need to enter their name and email address.

Once an employee sets up an account, you’ll be able to make contributions to them through your dashboard. If an employee declines to setup a SEP IRA with Guideline, they'll be responsible for setting up their own account with a provider of their choice. In this case, you’ll need to work with your employee or the other provider to contribute to their account outside of our system.

Do I need to add myself to the roster?

As the employer, you do not need to invite yourself or add yourself as an employee to the roster. By setting up your Guideline SEP IRA, you are in turn creating your own account to receive SEP IRA contributions, if eligible, although you will not appear in the roster. Adding yourself to the roster will just create duplicate information in the plan.

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