an alternative to a profit-sharing plan for a small business starting a retirement plan because contributions limits are the same
                                                            
                                                     
                        
                                                
                        
                        
                            a retirement plan that provides you, the employer, with an easy way to make contributions toward your employees' retirement income
                                                            
                                                     
                        
                                                
                        
                        
                            Simplified Employee Pension plan is a low-cost, uncomplicated retirement plan for any size business. Contributions are made to a SEP-IRA.
                                                            
                                                     
                        
                                                
                        
                        
                            See simplified employee pension plan.