Suzi Aveline

Max Contribution For A Sep Ira 2024. Use the interactive calculator to calculate your maximum annual retirement contribution based on your income. The maximum contribution to a sep ira is $66,000 in 2023 (increasing to $69,000 in 2024).

In 2024, you can contribute up to 25% of an eligible employee’s compensation, up to a limit of $69,000. Sep iras require minimum distributions beginning at age 72, like traditional.