Sep Ira Contribution Limits 2024 Calculator. Do not use this calculator if the business employs. Sep ira contribution limits 2024.


Sep Ira Contribution Limits 2024 Calculator

As of 2024, the maximum contribution is the lesser of 25% of the employee’s compensation or $69,000 (up from $66,000 in 2023). 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.

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