Sar Sep Contribution Limits 2024 Sar
Sar Sep Contribution Limits 2024 Sar. The maximum sep ira contribution for 2024 is $69,000, representing a significantly higher limit than for traditional and roth iras. The annual limit is $22,500 in 2023 and $23,000 in 2024, while a catch up provision allows those who are age 50 and older to contribute an additional $7,500 in 2023 and 2024.
It’s important to pay attention to sep ira contribution limits. Here is what you need to know.