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Sep Ira Contribution Limits 2024 Uk. — in most cases, your maximum allowed contribution equates to slightly less than 20% of your gross income. 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.
— what are the sep ira contribution limits for 2022 and 2023? For 2024, employers can contribute up to 25% of an employee’s total compensation or a maximum of $69,000, whichever is less.
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Category: 2024