TD Ameritrade

Welcome. We’re excited to have Scottrade clients officially join TD Ameritrade. Scottrade clients may now log in with their existing Scottrade account # and password.

Get in touch

Call, email 24/7 or visit a branch

  • Call us: 800-454-9272
  • Email us

Trade commission–free for 60 days

+ get up to $600*

See details


Make tax-deductible contributions with a 100% employer funded SEP IRA

A SEP (Simplified Employee Pension Plan) IRA is a retirement plan for self-employed individuals and small business owners with employees. SEP IRAs may not only be attractive to your employees, they can also be quick and easy to set up and administer for your small business. Consider a SEP if your business is new or has variable profits.

When you choose to invest for the future at TD Ameritrade, you will not be charged administrative or account maintenance fees.** You also get access to a breadth of investment choices, and guidance from our team of Investment and Financial Consultants.

Call 800-472-0586 to speak with a Financial Consultant or you can download our helpful SEP IRA guide.

Open and fund an IRA and get up to $600.

Open new account

Best For:

  • Self-employed individuals and small business owners with up to 100 employees

Tax Benefits:

  • Tax-deductible contributions for the business
  • Tax-deferred growth potential on contributions

Employee Contribution Limits:

  • Not applicable

Employer Contribution Limits:

  • Lesser of 25% of compensation or $54,000 for 2017 and $55,000 for 2018.
  • Employer is not locked into making a contribution each year and can decide whether and how much to contribute to employees’ accounts (Note: if employers do contribute, must contribute for all participants who are enrolled in the plan)

Date Account Must Be Opened By:

  • New account must be opened prior to the employer’s tax return due date plus extensions (Tax return due date generally: April 15. Extension due date generally: October 15)

Funding Deadline:

  • Account must be funded prior to the employer’s tax return due date plus extensions

Administrative Responsibilities:

  • Notification to employees of employer contribution
  • Employer must complete and retain Form 5305-SEP or other plan documents in their records. Employees should receive a copy
  • No plan tax filings with the IRS


  • Minimum required distributions start at age 70½
  • 10% early withdrawal penalty if under age 59½ (exceptions may apply)

Further Details:

  • Please refer to the IRS page on SEP IRAs for additional details

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