The University of Missouri (also, Mizzou, MU, or University of MissouriâColumbia) is a public land-grant research university located in Columbia, Missouri, U.S. It was founded in 1839 as the first public institution of higher education west of the Mississippi River.
A Simplified Employee Pension Plan (SEP) is a relatively uncomplicated retirement savings vehicles. A SEP allows employees to make contributions on a tax-favored basis to individual retirement accounts (IRAs) owned by the employees.
Additionally, a Profit Sharing Plan is a type of 401(k) plan where the company puts in monies based upon profits in any given year. But in any kind of 401(k), the contribution is defined, not the benefit. A pension plan is a Defined Benefit Plan where the benefit on the backend at retirement is defined.