What Is The 2024 Sep Ira Contribution Limit

What Is The 2024 Sep Ira Contribution Limit. $66,000 (in 2023), or $69,000 (in 2024) the sep ira is an. The sep ira contribution limit for 2024 is 25% of eligible employee compensation, up to $69,000.


What Is The 2024 Sep Ira Contribution Limit

The total contribution limit is the same for a solo 401(k) and sep ira ($66,000 for 2023; A $7,000 ira contribution this year could be worth more than $32,000 in 20 years if you earn an 8% average annual return.

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