Sep Ira Contribution Limits 2024 Calculator

Sep Ira Contribution Limits 2024 Calculator. Use the interactive calculator to calculate your maximum annual retirement contribution based on your income. A good option for small business owners, sep iras allow individual annual contributions of as much as $69,000 in 2024 and $70,000 in 2025.

However, because the simple ira plan limits your contributions to $16,000 in 2024 ($15,500 in 2023; 25 percent of the employee’s compensation;