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	<title>New answer on: How Does A Sep Retirement Plan Work?</title>

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		<title>By: David Pipes</title>

		<link>https://insurancelibrary.com/retirement-plans/how-does-a-sep-retirement-plan-work</link>

		<dc:creator>David Pipes</dc:creator>

		<pubDate>Mon, 25 Aug 2014 23:29:53 +0000</pubDate>

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		<description><![CDATA[A simplified employee pension program is based on an IRA.  However, since it is sponsored by the employer the limit for contributions is much higher (25% of compensation up to $52,000.)  Each participant has a separate account.  There is a minimum contribution for each SEP participant of $550.  For additional information contact a life insurance agent that specializes in retirement programs.   ]]></description>

		

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		<title>By: David Racich</title>

		<link>https://insurancelibrary.com/retirement-plans/how-does-a-sep-retirement-plan-work</link>

		<dc:creator>David Racich</dc:creator>

		<pubDate>Sat, 08 Jun 2013 00:42:49 +0000</pubDate>

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		<description><![CDATA[SEP IRAs provide retirement benefits for the business owners and their employees. There costs are relatively low. The contributions are based of 25% of your net income not to exceed the maximum limit of $51,000. There’s no catch up provision for SEP IRA contributors over age 50. SEP IRA are based on net income, so do the math first because you may discover that a 401k plan with catch up provisions may be a better deal for lower income filers.
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