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Glossary Definition

What is a Simplified Employee Pension (SEP)?

A simplified employee pension (also known as a SEP IRA) is a retirement plan that allows employers to contribute to their employees’ accounts of up to 25% of each employee’s pay. Employees cannot contribute to a SEP IRA — only the employer contributes to the plan for each eligible employee.

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Corvee Blog

Read the latest tax planning thought leadership from Corvee.

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Tax Planning Strategies

Our team of tax experts has scoured tax rules and regulations to create detailed tax strategies you can use to find savings for your clients.

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