SEP

¹ American  

[sep] / sɛp /

noun

1. Simplified Employee Pension: a tax-deferred pension plan for companies with 25 or fewer employees or for self-employed persons, in which an IRA is funded by employer and employee contributions.

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sep. ² American  

abbreviation

1. separate.

2. separated.

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Example Sentences

The current SEP IRA contribution limit for individuals over 50 is the lesser of 25% of compensation or $72,000, according to the Internal Revenue Service.

From MarketWatch • Apr. 4, 2026

A SEP often moves markets the afternoon it’s released, and it sets a baseline against which investors judge subsequent policy decisions and statements from Fed officials.

From The Wall Street Journal • Mar. 26, 2026

As former Fed economist Claudia Sahm has written, “The medians in the SEP aren’t the Fed forecast and never will be.”

From Barron's • Oct. 27, 2025

Tate says SEP IRAs are her preferred accounts since they reduce your taxable income and have a relatively high contribution limit.

From Seattle Times • Jan. 16, 2024

He sighed heavily and perused the letter, which read as follows: Chicago, Ill., SEP.

From Potash & Perlmutter Their Copartnership Ventures and Adventures by Glass, Montague