A retirement program for self-employed people or owners of companies with less than 25 employees, allowing them to defer taxes on investments intended for retirement. This plan allows employers to contribute on behalf of eligible employees, and all contributions are tax-deductible as a business expense and can be integrated with Social Security contributions. In addition, there is no minimum contribution requirement.
Related information about SEP Plan:
- Simplified Employee Pension Plan (SEP)
Aug 2, 2012 ... A SEP plan allows employers to contribute to traditional IRAs (SEP-IRAs) set up for employees. A business of any size, even self-employed, ...
- Retirement Plans FAQs regarding SEPs
Oct 22, 2012 ... If an employer sets up a SEP plan for its employees, can each employee ... A SEP plan provides employers with a simplified method to make ...
- SEP-IRA - Wikipedia, the free encyclopedia
If the self-employed person does have employees, all employees must receive the same benefits under a SEP plan. Since SEP accounts are treated as IRAs, ...
- Simplified Employee Pension (SEP) Definition | Investopedia
The employer is allowed a tax deduction for contributions made to the SEP plan and makes contributions to each eligible employee's SEP IRA on a discretionary ...
- Simplified employee pension (SEP) plans - Raymond James
A SEP plan is an employer-sponsored, tax-favored retirement plan that offers small businesses an attractive alternative to standard profit sharing plans.
- IRA SEP - Entreprenuer/ Business Owner Retirement Planning SEP ...
A Simplified Employee Pension (SEP) Plan is a retirement plan whereby an employer makes contributions on behalf of their employees. As the employers profit ...
- What is SEP Plan? definition and meaning
Definition of SEP Plan: A retirement program for self-employed people or owners of companies with less than 25 employees, allowing them to defer taxes on ...
- SEP Plan Pitfalls - IRS Video Portal
The SEP plan requires a SEP-IRA to hold the contributions made for each of the eligible employees. The SEP plan document will indicate the amount the ...