Simplified Employee Pension (SEP)

Preparing for retirement shouldn't be a full-time job

A great retirement plan for your employees—tons of benefits without tons of paperwork.
Employee Benefit
Employee Benefit
Employee Benefit

Simplified Employee Pension (SEP)

Want to give your employees great benefits? Use our plan as an affordable alternative to a 401(k). It lets employers, business owners, and the self-employed contribute (and deduct) a portion of their income to their retirement savings. If you’re covered, we can accept your SEP contributions through your personal Yolo Federal membership.

How we can help your business

Affordable Business Loans

Business Banking Solutions

Business Visa®

Free educational workshops on important business topics

Payroll services and online banking

Heading

Affordable Business Loans

Business Banking Solutions

Business Visa®

Free educational workshops on important business topics

Payroll services and online banking

Heading

Rates & Fees

IRA, ROTH, Coverdell ESA & SEP

Minimum daily balance
Dividend rate
APY*
$0
0.03%
0.03%
$100
0.03%
0.03%
$10,000
0.03%
0.03%
$50,000
0.03%
0.03%
$100,000
0.03%
0.03%
Disclosure

Effective Date: December 1, 2024. Last Dividend Declaration Date: November 30, 2024. Rates subject to change at any time.

*APY=Annual Percentage Yield.

Dividends paid from current income and available earnings after required transfer to reserves at the end of the dividend period. Rates are subject to change without notice as determined by the Credit Union’s Board of Directors. Fees could reduce earnings on accounts. Some restrictions may apply.

Show moreShow Less
What our members say:
“The Member Relationship Specialist explained everything clearly. I enjoyed the application from start to finish. I feel I can trust Yolo Federal Credit Union with all my banking needs.”
Rogers Long
“My brother is disabled and needs extra help…Yolo Federal goes out of its way to help him, from checking issues to change purchases. They give him a seat and come to him since it is hard for him to stand for any length of time.”
Jonathan Cowan
“Love banking here💕”
Jeanie Morrison
“The team at Yolo FCU … is awesome. They treat all the members as if they are family, and my experience with them was nothing short of spectacular! I would recommend them to everyone I know!”
Abbas Chechi
“Best bank ever”
Monica Gallardo
“I couldn’t be more thankful for … how streamlined the experience was. I would recommend Yolo FCU to anyone looking for a place to handle their financial needs.”
James Haws
Yolo FCU Member
“This is a great bank!!! The staff is awesome.”
Matt Amundson
Yolo FCU Member
“Love our Credit Union. Staff is always friendly, courteous, and very helpful.”
Suzy Tadlock
Yolo FCU Member

Find out more

Send Us Email

Have questions? We are here to help.

Everyone who lives, works, worships, or attends school in Yolo,
Sacramento, Placer,
or El Dorado counties is eligible for membership.
Everyone who lives, works, worships, or attends school in Yolo, Sacramento, Placer, or El Dorado counties is eligible for membership.