Sep Ira Catch Up Contribution 2024. The sep ira contribution limit is directly tied to an individual’s income, permitting contributions of up to 25% of each employee’s compensation or a specified cap,. The intention is that by.
For 2024, the maximum amount that a business can contribute to a sep ira for each employee is the lesser of: You can make sep ira contributions for 2024 up until tax day, which is april 15, 2025.