Sep Ira Contribution Limits 2024 Employer. Your maximum contribution limit for a sep ira is the lower of these two amounts: For 2023, contribution amounts can be up to the lesser of 25% of the employee’s.

Or sep ira, each of which may allow you, as the employer, to. “ 401 (k) limit increases to $23,000 for 2024, ira limit rises to $7,000.