Find a Qualified Attorney Near You
Find a Qualified Attorney Near You
Search by legal issue and/or location
Enter information in one or both fields. (Required)
term:
Simplified Employee Pension
simplified employee pension n
: a pension that is funded by employer contributions or through a salary reduction arrangement and that places fewer administrative burdens on the employer than do other plans and allows employer deduction of contributions and employee withdrawal at any time called also SEP
Source: Merriam-Webster’s Dictionary of Law ©1996. Merriam-Webster, Incorporated. Published under license with Merriam-Webster, Incorporated.