SEP

(redirected from Simplified employee pension plan)
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Related to Simplified employee pension plan: SEP-IRA

SEP

(1)
Someone Else's Problem.

SEP

(tool)
A SASD tool from IDE.

SEP

On drawings, abbr. for “separate.”
References in periodicals archive ?
The employer sponsoring the plan is generally subject to a tax equal to 10% of the nondeductible contributions (determined as of the close of the employer's tax year) under a qualified pension, profit sharing, or stock bonus plan, a simplified employee pension plan, or a SIMPLE IRA plan.
Description of simplified employee pension plan (SEP).
For smaller companies with fewer than 10 employees, a Simplified Employee Pension plan, or SEP, may be more efficient, suggests Wray.
Another simplified retirement plan that falls outside of ERISA law, the simplified employee pension plan or SEP IRA, lets employers make tax-deductible contributions up to 25% of an employee's pay or a maximum of $42,000 in 2005 (indexed annually for inflation, whichever is less).
A simplified employee pension plan (SEP) is a means of creating tax deferred security similar to a qualified profit sharing plan in which an employer contributes on a nondiscriminatory basis to IRAs maintained by employees.
The two simplest and most obvious options are the simplified employee pension plan (SEP/IRA) and the qualified profit-sharing plan (PSP).

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