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