SEP

See: special enrollment period (SEP) . Acronym for simplified employee pension; See: Section 408(k) of the Internal Revenue Code .

Separate account

Asset account established by a life insurance company detached from other funds and used primarily for investments for a retirement plan.
****
An account established or maintained by an insurance company under which the income, gains and losses of that specific account are credited or charged without consideration of the income and investment results of the other assets of the insurance company.

Separate procedure

Procedure that is an integral part of a larger procedure and does not need a separate code, unless performed independently and not immediately related to other services. The phrase (separate procedure) appears at the end of the specific description of codes listed in the Current Procedural Terminology (CPT) code book. See also complete procedure to learn the difference between separate and complete. See also partial procedure .