Salary Reduction Simplified Employee Pension Plan. A simpler alternative to a 401(k) plan available only to companies with 25 or fewer employees, which gives employees the opportunity to make contributions to their SEP accounts with pre-tax dollars and reduce their current year's net income. also called 408(k) plan.
Related information about SARSEP:
- Salary Reduction Simplified Employee Pension Plan (SARSEP)
Nov 21, 2012 ... A SARSEP is a Simplified Employee Pension (SEP) plan that: Was established before 1997. Permits employee salary reduction contributions.
- SARSEP Checklist - Internal Revenue Service
employee elective deferrals to the SARSEP. ... who is an eligible employee under the SARSEP. ..... An IRS Model SARSEP is not considered adopted until you ...
- SARSEP IRA
Both the employees and the employer can make contributions to SARSEP-IRAs. The contributions are made pre-tax through salary reduction and grow ...
- SAR-SEP | Retirement Dictionary
Jan 27, 2011 ... Definition. Salary Reduction Simplified Employee Pension Plan (SARSEP or SAR-SEP). A simple employee pension plan (SEP), to which ...
- What is SARSEP? definition and meaning
Definition of SARSEP: Salary Reduction Simplified Employee Pension Plan. A simpler alternative to a 401(k) plan available only to companies with 25 or fewer ...
- SARSEP IRA Contribution Limits
Nov 1, 2012 ... Elective Deferral, Over Age 50 Catch-Up, 2012 Other Catch-Up, Maximum Elective Deferral, Maximum Employer Contributions, Maximum ...
- Salary Reduction Simplified Employee Pension Plan (SARSEP ...
A plan offered by small companies - typically those with fewer than 25 employees - that allows employees to make pretax contributions to their Individual ...
- What is a SARSEP? | Money Manager
Apr 16, 2010 ... A SARSEP was an employer-sponsored retirement plan limited to state and local governments. Private businesses could not establish ...