Daile Henrieta

Sep Ira Contribution Limits 2024. For 2024, it’s possible to contribute as much as $69,000, up from the maximum limit of $66,000 in 2023. Your maximum contribution is the lesser of:

This limit is significantly higher than the contribution limit for a regular ira, which is $7,000. We’ll also make sure you understand how seps work and how money in a sep ira is taxed.