SEP-IRA funds are taxed at ordinary income tax rates when qualified withdrawals are taken after age 59.5 (the same rule as for traditional IRAs).
SEP
Simplified Employee Pension
Simplified Employee Pension - Combination of a corporate pension plan and IRA.
A SEP-IRA (Simplified Employee Pension-Individual Retirement Account) or Simplified Employee Pension plan, is a retirement plan available to self-employed people and small business owners.
SEP IRA vs SIMPLE IRA
Let's assume your net profit for 2009 is $50,000. In this scenario you could contribute up to $9,300 into your SEP IRA for 2009 ($50,000 x 18.6%). Compare this with a SIMPLE IRA, which would allow you to save $11,500.
3. SEP-IRA Contribution Limits
The SEP-IRA is a unique type of retirement account for successful business owners and independent contractors. It offers far higher contribution limits than most other retirement accounts.
SEP-IRA
Simplified Employee Pension IRA. An individual retirement account set up by a small business employer or by a self-employed person, providing certain requirements are met and there is no 401(k) plan in place.
SEP IRA
Pension plan in which both the employee and employer contribute to an IRA.
Settlement Date ...
SEP (Simplified Employee Pension)
Acronym for simplified employee pension plan, a type of pension plan whereby both the employee and employer contribute to the employee's individual retirement account.
SAR-SEP
A salary deferral SEP (simplified employee pension plan) established by the employer allowing an employee to defer a pretax portion of his/her salary into an IRA.
The SEP IRA is a provision designed for an employer (this may be a relatively small business entity or a self-employed professional).
Simplified Employee Pension (SEP) plan: A special kind of Keogh-individual retirement account. SEPs were created so that small businesses could set up retirement plans that were a little easier to administer than normal pension plans are.
Simplified Employee Pension (SEP) plan
Simulation
Singapore International Monetary Exchange (SIMEX)
Single European Act
Single life annuity
Single option
Single-buyer policy
Single-country fund
Single-factor model
Single-index model ...
Simplified employee pension (SEP) A type of retirement plan generally used by small businesses, allowing employers to make tax-deferred contributions to individual retirement arrangements (IRAs) for their employees.
Simplified employee pension (SEP)
A retirement plan for the self-employed that is also referred to as a SEP-IRA.
This article, written by Alessandro Balsotti , is taken from the FX Trader Magazine (JUL/SEP 2011 issue). Commodities are a fascinating and diversified world, even more than FX.
SEP IRAs
3. SIMPLE IRAs
4. 403(b) plans
5. Qualified annuity plans
6. Employee Funded Pension Trusts (created before June 25, 1959)
7.
Simplified Employee Pension (SEP): A tax-deferred retirement plan for owners of small businesses and the self-employed. Standard & Poor's Corporation: A rating agency that analyzes the credit quality of bonds and other securities.
Contributions: Contributions to your traditional retirement plans, which includes 401(K)'s, personal IRA's, SEP's and Keogh's, are all tax deductible.
This includes employer-sponsored plans such as 401(k), SIMPLE and SEP plans, or the governmental 457 plan, along with contributions to Traditional and Roth IRAs.
Simplified Employee Pension (SEP) plan
A pension plan in which both the employee and the employer contribute to an individual retirement account. Also available to the self-employed.
Back in April 2006, the law raised the limit of FDIC protection for retirement accounts to $250,000. Retirement accounts include Roth IRAs, traditional IRAs, Simplified Employee Pensions (SEP), SIMPLE IRAs, Section 457 deferred compensation accounts, ...
Ineligible accounts: Tax Free Rollovers, employer contributions from a SEP or SIMPLE IRA.
Any related earnings must be recharacterized as well.
Can be cash and/or securities (in-kind). The recharacterization must be exact.
Defined contribution plan: A corporate pension plan that guarantees the employer will pay a specific amount into the plan each year. Either a money purchase plan, such as a 401(k) or a SEP, or a profit sharing plan, or some combination of the two.
 See also: Account, Investment, Limit, Stock, Retirement
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