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Julia Louis-Dreyfus Recalls the 'Unbelievably Wrenching' Final Day on the Seinfeld Set

04/22/2016 AT 04:20 PM EDT

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Almost 20 years after its final episode graced the small screen, Seinfeld still reigns as one of TV's biggest triumphs. Julia Louis-Dreyfus, who won a myriad of honors for her performance as the smart but slightly neurotic Elaine Benes, reflects on the final days of the '90s sitcom in a new interview with PEOPLE and Entertainment Weekly editorial director Jess Cagle.

"At the time, I was ready to take a break. I had two very young kids. I had a baby and a 5-year-old. I wanted calm, and [to] just sort of hunker down at home," Louis-Dreyfus, 55, explained of Seinfeld's end after nine seasons.

"It was definitely bittersweet though. That night of our last show … was very emotional. The motto of our show was 'No hugging, no learning,' which is true. We were never trying to teach or [be] sentimental, but in fact, we were very sentimental," she said. "That night when we all bid goodbye was unbelievably wrenching."

Since Seinfeld, Louis-Dreyfus has gone on to score a heap of successful roles, most recently on Veep, HBO's critically acclaimed political satire for which she's earned four consecutive Emmys for her gig as Selina Meyer.

Veep's season 5 returns Sunday at 10:30 p.m. ET on HBO. Check out the full interview with Louis-Dreyfus above, and listen to it again on Sirius XM's Entertainment Weekly Radio (ch. 105) this weekend.
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