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SEP IRAs for employers
How much can be contributed to a SEP IRA on behalf of each participant?
How much can be contributed to a SEP IRA on behalf of each participant?
Updated over a week ago

Contributions made to an employee's or self-employed individual’s SEP IRA account cannot exceed the lesser of:

  • 25% of the employee's or self-employed individual’s eligible compensation, or

  • $69,000 for 2024 ($66,000 for 2023)

For more information regarding SEP contributions, please visit the IRS website.

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