Simplified Employee Pension (SEP)

Loading the player… DEFINITION of ‘Simplified Employee Pension (SEP)’ A simplified employee pension (SEP) is a retirement plan that an employer or self-employed individuals can establish. The employer is allowed […]

Unfunded Pension Plan

What is ‘Unfunded Pension Plan’ An unfunded pension plan is an employer-managed retirement plan that uses the employer’s current income to fund pension payments as they become necessary. This is […]

Want to Become Wealthy? Do This One Thing

Throughout my career in the financial world, I’ve become acquainted with some seriously rich people. They work hard, and their net worth statement shows it. But there’s one common […]

Trump nominates Brett Kavanaugh to Supreme Court

President Donald Trump nominated Brett Kavanaugh to replace retiring U.S. Supreme Court Justice Anthony Kennedy on Monday night in a live, televised announcement. Kavanaugh, 53, had been considered by many […]

Mossack Fonseca

What is ‘Mossack Fonseca’ Mossack Fonseca & Co., founded in 1977, was a Panama-based law firm that provided legal solutions, trust services, company formations and foundations and intellectual property services to its […]