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.
Freezing a defined benefit plan may help to reduce a plan sponsor's. long-term cost and the volatility of a plan sponsor's financial. obligations. However, once a pension plan is frozen, the plan sponsor. and the frozen pension plan's fiduciaries retain important ongoing.