Sep Ira Employee Max Contribution 2024. 2024 traditional and roth ira contribution limits. In 2024, you can contribute 25% of your total compensation to an ira with a maximum contribution of $69,000.
Employers can contribute the lesser of 25% of the employee’s annual compensation or $69,000 toward a sep ira in 2024 ($66,000 in 2023). The ira contribution limit is $7,000 in 2024.