Resource title

Simplified Employee Pension (SEP)

Resource image

image for OpenScout resource :: Simplified Employee Pension (SEP)

Resource description

A simplified employee pension (SEP), also known as an SEP-IRA (individual retirement account), can be defined as a pension plan for small business owners and their employees and the self-employed. Created by Congress and monitored carefully by the Internal Revenue Service (IRS), SEPs are designed to give small business owners and employees the same ability to set aside money for retirement as traditional large corporate pension funds.

Resource author

Resource publisher

Resource publish date

Resource language

en

Resource content type

text/html

Resource resource URL

http://www.referenceforbusiness.com/encyclopedia/Sel-Str/Simplified-Employee-Pension-SEP.html

Resource license

Copyright © 2011 Advameg, Inc.