Sep Ira Contribution Limit 2024. The maximum compensation that can be considered for contributions in 2024. However, your maximum contribution to the sep ira and the 401(k) together is $66,000 in 2023 or $69,000 in 2024, including both employer and employee.

We’ll also make sure you understand how seps work and. With a sep ira, in 2024, an employer can contribute as much as 25% of an employee’s gross annual salary or $69,000, whichever is less.