Compensation Glossary

# A B C D E F G H I J K L M N O P Q R S T U V W - Z

Simplified Employee Pension (SEP)

A retirement plan established by an employer or self-employed individual. Under the plan, employees have individual SEP IRA accounts their employer contributes to and these contributions are tax deductible to the employer. SEPs cost less to maintain than most other kinds of retirement plans and are most commonly used by small businesses.

To find keyword content within a course, select the course link below:

Course
Page Number
53 - Employee Benefits Strategies
14
74 - Trends in Retirement Plans
10
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