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SEP

[sep] /sɛp/
noun
1.
Simplified Employee Pension: a tax-deferred pension plan for companies with 25 or fewer employees or for self-employed persons, in which an IRA is funded by employer and employee contributions.
Also called SEP-IRA.
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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SEP

simplified employee pension
The American Heritage® Abbreviations Dictionary, Third Edition
Copyright © 2005 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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