Simplified Employee Pension IRA - SEP-IRA
The SEP-IRA is short for the simplified employee pension individual retirement account. It is a type of retirement account available to small business owners that will allow them to put aside very large amounts of their profits in a tax-advantaged way to buy stocks, bonds, mutual funds, and other assets for their own, as well as their employees' retirements.
SEP-IRA (Simplified Employee Pension IRA)
If you're self-employed or own a small business, you can set up a retirement plan for yourself and your employees quickly, inexpensively and without a big administrative hassle through a simplified employee pension IRA (also known as a SEP-IRA for short).
If you're self-employed or own a small business, you can set up a retirement plan for yourself and your employees quickly, inexpensively and without a big administrative hassle through a simplified employee pension IRA (also known as a SEP-IRA for short).