|Definition||:||Simplified Employee Pension|
|Category||:||Business » Finance|
What does SEP mean?
Simplified Employee Pension plan (SEP), also known as Simplified Employee Pension Individual Retirement Arrangement (SEP IRA), is a pension plan for for self-employed people or owners of small companies that provides simplified method to make contributions toward their employees’ retirement and their own retirement.
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Frequently Asked Questions (FAQ)
What is the full form of SEP in Pension Plans (USA)?
The full form of SEP is Simplified Employee Pension