simplified employee pension
nounLegal Definition of simplified employee pension
: a pension that is funded by employer contributions or through a salary reduction arrangement and that places fewer administrative burdens on the employer than do other plans and allows employer deduction of contributions and employee withdrawal at any time
— called also
SEP
Comments on simplified employee pension
What made you want to look up simplified employee pension? Please tell us where you read or heard it (including the quote, if possible).
Test Your Vocabulary
Autumn Words of the Day 2018
-
- Which is a synonym of fugacious?
Can you spell these 10 commonly misspelled words?
TAKE THE QUIZ
Test Your Knowledge - and learn some interesting things along the way.
TAKE THE QUIZ
Share simplified employee pension
Resources for simplified employee pension