SIMPLIFIED EMPLOYEE PENSION CONTRIBUTION (SEP)

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General information A Simplified Employee Pension (SEP) plan is a written agreement enabling employers to contribute to traditional Individual Retirement Accounts (IRAs) for their employees, including themselves if selfemployed. It offers a straightforward way to save for retirement without the complexities of other qualified plans.

 

 

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Description

A Simplified Employee Pension (SEP) plan is a written agreement enabling employers to contribute to traditional Individual Retirement Accounts (IRAs) for their employees, including themselves if selfemployed.

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