All Point Breeze Credit Union offices will be closed on Thursday, November 26, 2020 for Thanksgiving Day. Enjoy easy access to your accounts via Online Banking, Mobile Banking and AUDRE (Phone Teller). View the full list of 2020 holidays here.

Employee Retirement Plans

Simplified Employee Pension (SEP) Plans enable you to provide retirement benefits without the expense of having an outside plan administrator, resulting in employee loyalty and added security for the self employed.

Contact Us or Call 443.589.0440

Setting up a Simplified Employee Pension (SEP) Plan with Point Breeze Credit Union is quick and easy. Then, it’s as simple as making contributions to the Traditional Individual Retirement Accounts (IRAs) of each eligible employee. Once your contribution has been made, you have no further responsibility for managing the funds. Each employee directs the investment within his or her own IRA.


  • No setup fees for the employer or employee
  • SEP Plan contributions are tax-deductible for the employer, and contributions made for employees are a business expense that reduces net profits
  • Unlike most retirement plans, SEP Plans do not require you to file any additional reports with the government

Contact us to learn more.