Simplified Employee Pension (SEP) IRAs
Benefits & Features
Automatic Renewal Options
Give yourself peace of mind with the long-term security and convenience that comes with our automatic renewal options.
Fully Insured Deposits
All deposits at Needham Bank are insured in full through a combination of insurance provided by the Federal Deposit Insurance Corporation (FDIC) and the Depositors Insurance Fund (DIF).
Your Money, Your Way
Save your money for the future with competitive interest rates and a wide variety of term options, all with a low minimum investment balance. As long as you keep your money invested for the full term, you won’t face any penalties for early withdrawals.
SEP IRA Highlights
You can open a personal checking, savings or CD account any time online. Or, you can stop by your nearest Needham Bank branch and one of our customer service representatives will be able to assist you in opening a new account. Make sure to have two forms of identification, your social security or Tax ID number, and your initial deposit.
NB Business Online Banking is a great solution to managing your business accounts. It allows you to view account history, include multiple entities within one online profile, transfer funds, initiate wire requests, pay your bills and invoices online, pay your federal taxes online, and download your information into QuickBooks. NB Business Online is customizable to your business needs. We can help you save time and be more efficient.
If your ready to start a small business, then you should be taking advice and tips from the experts at Needham Bank. Explore our steps starting a business.Learn more about Steps for Starting a Small Business