SEP
Self-employed retirement plan
SEP is a Simplified Employee Pension, a retirement account that allows employers—especially self-employed individuals and small business owners—to make tax-deductible contributions for themselves and their employees.
A SEP-IRA functions like a traditional IRA but with higher contribution limits: I max out my SEP every year to reduce my tax bill.
Year's ninth month
- septicInfected with bacteria
- sepalOuter floral whorl segment
- acronymWord made from initials
- initialismSpelled-out letter shortening
shorthand · notation · truncation · shortening · contraction · letters · symbol · conciseness
Barrier separating spaces
- dividerThing that partitions
- boundaryLine marking a limit
- delimiterBoundary-marking character
- demarcationFormal boundary setting
barrier · bifurcation · split · break · gap · wall · membrane · fence
Leaving the workforce permanently
- pensionRetiree's ongoing benefit
- self-employedWorking independently, not hired
- tax-advantagedOffering tax benefits
- contributionSomething given to help
IRS · individual · savings · investment · deduction
September
Year's ninth month
initialism · shorthand · notation · truncation · shortening · contraction · letters · symbol · conciseness · brevity
partition
Barrier separating spaces
demarcation · barrier · bifurcation · split · break · gap · wall · membrane · fence · border
retirement
Leaving the workforce permanently
- pensionRetiree's ongoing benefit
- self-employedWorking independently, not hired
- tax-advantagedOffering tax benefits
contribution · IRS · individual · savings · investment · deduction
delimiter
Boundary-marking character
record · CSV · pipe · character · string · regex · column · tokenizer · encoding
SEPpension
Retiree's ongoing benefit
company pension · government pension · annuity · Social Security · 401k
- legal separationFormal marital split, not dissolution
- septum piercingOrnament through nasal divider
- separation anxietyDistress from being apart
- go their separate waysEnd shared journey
- trial separationTemporary marital distance
- separate bedsDistinct sleeping surfaces, same room
separate, separation, separator, separable, inseparable, septum, septa