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.
How does a Defined Benefit Plan work? A defined benefit plan is a qualified retirement plan in which annual contributions are made to fund a chosen level of retirement income at a predetermined future retirement date. Contributions are made according to an actuarial formula to meet the target retirement income benefit.