Sep Ira Contribution Limits 2024

Sep Ira Contribution Limits 2024. In 2023, those using a sep ira can contribute as much as $66,000, or up to 25 percent of their business earnings or compensation, whichever is less. The maximum sep ira contribution for 2024 is $69,000, representing a significantly higher limit than for traditional and roth iras.


Sep Ira Contribution Limits 2024

Here are the limits for 2023 and 2024. The sep ira allows you to contribute up to 25% of your compensation, or $69,000 in 2024.

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