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Securities > Simplified Employee Pension (Sep) Plan Or Sep-ira
The following information is about Simplified Employee Pension (Sep) Plan Or Sep-ira.
Simplified Employee Pension (Sep) Plan Or Sep-ira Defined
Essentially an IRA with more liberal contribution limits, established and financed by an employer for all its eligible employees. The employer may set up a SEP even if it has already established a qualified pension or profit sharing plan. The company may or may not be incorporated.
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