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Sept 12 vol. 46 no. 3 OFFICIAL PUBLICATION of the KANSAS ASSOCIATION FOR FAMILY AND COMMUNITY EDUCATION Mary Jane's Musings. . . . Five women traveling 12 hours can you imagine what kind of conversation
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SEPT stands for Simplified Employee Pension Plan, which is a type of retirement plan for self-employed individuals or small businesses.
Self-employed individuals or small businesses may choose to establish a SEP plan.
To fill out a SEP plan, employers must complete Form 5305-SEP or Form 5305A-SEP and provide information about eligible employees.
The purpose of a SEP plan is to provide a simplified retirement savings option for self-employed individuals and small businesses.
SEP plans require reporting on employee eligibility, employer contributions, and plan investments.
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