What Is The 2024 Sep Ira Contribution Limit. Up to $330,000 of an employee’s compensation may be considered. For those who are 50 or older , the limit is $8,000.
The total contribution limit is the same for a solo 401(k) and sep ira ($66,000 for 2023; This limit is significantly higher than the contribution limit for a regular ira, which is $7,000 for 2023 ($6,500 for 2022).