Series 22: 5.2.2. Simplified Employee Pension (SEP) Plans

Taken from our Series 22 Top-off Online Guide

 5.2.2.  Simplified Employee Pension (SEP) Plans

Chapter 1 also introduced us to individual retirement accounts, retirement plans that allow individuals to contribute to a retirement account with pre-tax dollars. Simplified Employee Pension (SEP) plans are IRA-based retirement plans for any sized business but are usually favored by small businesses. Under this type of plan, the business owner makes pre-t

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