Simplified Employee Pension. This type of pension allows you to make contributions to your own retirement plan if you're self-employed, and to your employees' plan. You can make contributions if you're the head of an S-corporation or a C-corporation, as well.
Self Employment Program A federally funded program to assist EI eligible individuals in starting a new business. The program is locally available through Community Futures.
SEP: A SEP plan, or Simplified Employee Pension plan, is an IRA to which the participant's employer may contribute. A Salary Reduction SEP, or SARSEP, is a type of SEP plan.
See simplified employee pension plan.
(See "Simplified Employee Pension.")
Simplified Employee Pension. An Individual Retirement Arrangement (IRA) with specific participation rules, available to some smaller employers.
Secondary Educational Program. The Secondary Educational Program provides a comprehensive twelve month program for students with multiple disabilities: physical, communication, intellectual, and/or medical. See High School Programs.
A retirement program for self-employed people or owners of small companies allowing them to defer taxes on investments intended for retirement.
A retirement plan that allows small businesses to contribute to IRAs for their employees.
Student Education Profile. a document issued to students who complete Year 12 that provides information about their academic achievements. The SEP may consist of a Senior Certificate and Tertiary Entrance Statement (for students eligible for an OP).
Simplified Employee Pension. A simplified employee pension is a written arrangement or program that allows an employer to contribute tax-deductible dollars toward an employee's retirement. A SEP may be established by a corporate or noncorporate employer. From an individual's perspective, a SEP has the administrative simplicity of an IRA, but also allows the employer to make contributions on the employee's behalf in addition to the employer's annual contribution limit.
Simplified Employee Pension. A tax-deferred retirement savings plan for self-employed individuals and small business owners.
Simplified Employee Pension. In a SEP, the employer directly funds IRAs or annuities that are established by or on behalf of the employees.
Simplified Employee Pension Plan. It allows private employers with 25 or fewer people to make tax deductible contributions to its employees' IRAs.
Simplified employee-pension plan. A defined contribution plan in which employers make contributions to individual employee accounts (similar to IRAs). Employees may also make pre-tax contributions to these accounts. As of January, 1997 no new SEP plans may be formed.
Simplified Employee Pension. A retirement program for self-employed people allowing them to defer taxes on investments intended for retirement
Simplified Employee Pension. An Individual Retirement Arrangement (IRA) with special participation requirements that is available to certain small employers.
A SIMPLIFIED EMPLOYEE PENSION IS AN INDIVIDUAL RETIREMENT ACCOUNT OR INDIVIDUAL RETIREMENT ANNUITY WHICH MAY ACCEPT AN EXPANDED RATE OF CONTRIBUTIONS FROM ONE OR MORE EMPLOYEES. IT IS OWNED BY THE EMPLOYEE, WHO MAY BE SELF EMPLOYED. IN ORDER FOR AN INDIVIDUAL RETIREMENT ACCOUNT OR ANNUITY TO BE SIMPLIFIED EMPLOYEE PENSION, CERTAIN REQUIREMENTS MUST BE SATISFIED.
Simplified Employee Pension. An individual retirement account arrangement for covered employees, subject to specific rules on contribution and eligibility. First authorized in 1979, SEPs simplify the administration and reduce the paperwork associated with many other types of pension plans. For this reason, they are especially attractive to smaller employers.
Simplified Employee Pension. A retirement program for which the administrative costs are lower than for some other nonsimplified (complicated) plans. A business of any size or a self- employed individual may create an SEP.
Student Educational Plan – required of all matriculation students
Simplified Employee Pension. Pension plan in which the employer contributes to an Individual Retirement Account for each of its employees. The employee is vested immediately and pays no taxes on the employer's contributions. The contributions and all earnings on funds in the plan are tax-deferred until withdrawn.
Student Educational Plan. The section on a petition which requires information on the student's academic goal and the classes he/she will take to reach that goal.
Simplified Employee Pension. A qualified retirement plan in which each eligible employee opens an IRA and the sponsoring employer makes tax-deductible contributions on the employees' behalf. SEPs enjoy the tax benefits of other qualified plans but have relatively simple administrative rules.
Simplified Employee Pension. An individual retirement account or annuity that permits an employer (or individual, if self-employed) to contribute each year to an IRA up to the lesser of 15% of compensation or $30,000 to all qualified plan participants.
Student Exchange Program - a special course title used to indicate that an outbound student is paying tuition and fees at the University of Regina while enrolling in courses at another institution, and that an inbound student is attending the University of Regina as a participant in a formal exchange.
A SEP is a plan under which the employer makes contributions to individual IRAs for each eligible employee even though all are part of a group plan.
Simplified Employee Plan. A type of retirement plan, given favorable tax treatment by the IRS, whereby both employer and employee can make contributions towards an employee's retirement fund.
Simplified Employee Pension - A type of pension plan which combines a corporate pension plan and an IRA. Under a SEP, the employer makes a contribution to the employee's IRA.
Simplified Employee Pension. An arrangement whereby an employer makes contributions to an employee's individual retirement account (IRA), or a self-employed person contributes to his own plan.
simplified employee pension plan, designed for small businesses.
Simplified Employee Pension. A Simplified Employee Pension plans (SEP) lets a self-employed person or business owner contribute up to 25% of annual earnings to a maximum of $44,000 per year for each eligible employee. Contributions are tax deductible and earnings growth is tax deferred.
SEP is an acronym for Simplified Employee Pension Plan. It is basically an IRA that is allowed to receive contributions from the IRA holder's employer. The employer is required to make contributions to the IRAs of all qualifying employees. There are significantly less administrative and fiduciary responsibilities than most other retirement plans.
A Special Education Plan is an annual, DPI required, report which describes LEA special education programs and reviews the performance of district students with disabilities in several major areas including outcomes.
Simplified Employee Pension. a retirement plan for companies with fewer than 25 employees
simplified employee pension. In the United States, a pension plan in which an employer contributes money to an individual retirement account (IRA) for each employee covered by the plan. The IRA is owned by the employee, not the employer. A SEP is especially useful to employers who cannot afford the time or money needed to administer and maintain a more complicated pension plan. SEPs may also be used by self-employed persons.
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. See: Individual Retirement Account; Pension Fund; Qualified Pension Plan Or Trust