2024 Max Sep Ira Contribution Limits Over 50
2024 Max Sep Ira Contribution Limits Over 50 . 2024 sep ira contribution limits. Your contribution can't exceed $66,000 in 2023, or $69,000 in 2024.
Your total annual employee contributions to all the plans can’t exceed your personal limit of $23,000 in 2024 ($22,500 in 2023, $20,500 in 2022, $19,500 in 2020. For a sep ira, the contribution limit is up to 25% of compensation, with a maximum of $66,000.
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SEP IRA Contribution Limits for 2024 Retirement Industry Trust , Your total annual employee contributions to all the plans can't exceed your personal limit of $23,000 in 2024 ($22,500 in 2023, $20,500 in 2022, $19,500 in 2020.