SEP


Meaning of SEP in English

/sep/ , n.

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.

Also called SEP-IRA .

Random House Webster's Unabridged English dictionary.      Полный английский словарь Вебстер - Random House .