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• SEP
  SEP

  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.
• sep.
  sep.

  abbreviation

  separate.

SEP

¹ American  

[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.

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sep. ² American  

abbreviation

1. separate.

2. separated.

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Example Sentences

The current SEP IRA contribution limit for individuals over 50 is the lesser of 25% of compensation or $72,000, according to the Internal Revenue Service.

From MarketWatch • Apr. 4, 2026

This Summary of Economic Projections, or SEP, has become an important policy output of the Fed.

From The Wall Street Journal • Mar. 26, 2026

Each SEP must include Taylor-rule estimates of dots that would deliver the Committee’s central-tendency inflation and economic projections, plus information on the Fed’s balance sheet.

From Barron's • Dec. 10, 2025

SEP IRAs are designed for self-employed people or small businesses with few or no employees and have similar characteristics.

From Seattle Times • Mar. 5, 2024

He sighed heavily and perused the letter, which read as follows: Chicago, Ill., SEP.

From Potash & Perlmutter Their Copartnership Ventures and Adventures by Glass, Montague