SEPs Give Business Owners an Easy Way to Save for Retirement
Feb 14, 2008 (Updated on Feb 26, 2010)
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By Elaine Floyd, CFP ®
A simplified employee pension (SEP) is an entry-level retirement plan that allows the self-employed or the small employer to make large tax-deferred contributions to their retirement plan. The deadline for establishing this plan is April 15th, so it's a great conversation-starter for business owners the first of every year.