What are SEP IRA"s?
A Simplified Employee Pension (SEP) plan provides a mechanism for the employees to save for their financial needs after the retirement. It also provides the employers with a simplified means of contributing towards the post-retirement financial needs of their employees, and their own, if they are self-employed. In case of a SEP, the contributions are made directly to an Individual Retirement Account (IRA) or an annuity that is created for every individual employee. ........Click here to read more.....
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