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SEP
1[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.
2abbreviation
separate.
separated.
Example Sentences
The Fed’s latest Summary of Economic Projections, or SEP, published after its September policy meeting, revealed a pronounced split in the way Fed officials measured the risk of sticky inflation against that of a softening labor market.
Even as a nonvoting member he participates in the quarterly SEP, contributing his forecasts for near- and longer-term economic growth, inflation, the unemployment rate, and the federal-funds rate.
As of Sep. 16, the Department of Homeland Security said it has sent out more than 18,000 tentative job offers after a summer recruitment campaign that drew more than 150,000 applications.
For those who can’t make it to national parks on Juneteenth, free access will be available on three more days this year: Aug. 4, Sep. 27 and Nov. 11.
The report said the authority should "remedy the injustice" with a payment of £6,000 to reflect Y's lost SEP, and one of £500 to Ms X to reflect her "avoidable distress and time and trouble complaining".
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