SEP
[ sep ]
/ sɛp /
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noun
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.
QUIZ
CAN YOU ANSWER THESE COMMON GRAMMAR DEBATES?
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Question 1 of 7
Which sentence is correct?
Also called SEP-IRA.
Words nearby SEP
Other definitions for SEP (2 of 2)
sep.
abbreviation
separate.
separated.
Dictionary.com Unabridged
Based on the Random House Unabridged Dictionary, © Random House, Inc. 2023