Business / Taxes / Simplified Employee Pension Plan (SEP): An SEP is a qualified retirement plan set up as an individual retirement annuity (IRA) in an employee's name. You can establish an SEP for yourself if you own a small business, or you may participate as an employee if you work for a company that sponsors such a plan. The federal government sets the requirements for participation, the maximum annual contribution limits, and the rules governing withdrawals.
Pension Noun Synonyms: benefit, allowance, annuity, subsistence, superannuation, allotment, old-age pension, social security, golden handshake
Plan Noun Synonyms: design, layout, blueprint, scheme, method, procedure, system, arrangement, programme, project, formula, pattern, script, scenario
Health / Yoga / Plank (Chaturanga Dandasana): A lying pose. Lie straight upside down. Bend elbows and place your palms on the floor at either side of your chest. Raise your body weight off the floor by pushing up with your palms and toes. MORE