Sep Ira Contribution Limits 2024 Over 55. Contributions to an employee’s sep ira cannot exceed the lesser of either 25% of their compensation or $66,000 in 2023 and $69,000. Here are the limits for 2023 and 2024.
Overall limit on sep contributions. But don’t worry—we’ll go over all the sep ira contribution limits and related rules for both 2023 and 2024.