A Simplified Employee Pension (SEP) is an employer sponsored retirement plan. Here are 3 proven reasons to consider this plan.
A Simplified Employee Pension (SEP) is an employer sponsored retirement plan. Here are 3 proven reasons to consider this plan.
Employers that maintain a qualified retirement plan must file IRS Form 5500–Annual Return/ Report of Employee Benefit Plan. Qualified retirement plans include defined benefit, profit-sharing, money purchase, and 401(k) plans. SIMPLE and SEP plans do not have to file this…