SEP-IRA

Definition of "SEP-IRA"
  1. Simplified employee pension-IRA: a retirement account designated to receive funds from a simplified employee pension plan
How to use "SEP-IRA" in a sentence
  1. As a small business owner, she favored a SEP-IRA for its simplicity and higher contribution limits.
  2. He transferred his 401k funds to a SEP-IRA when he started his own business.
  3. The financial advisor recommended a SEP-IRA for the freelancer due to his irregular income.

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