What Is The 2024 Sep Ira Contribution Limit. The maximum compensation that can be considered for contributions in 2024. The total contribution limit is the same for a solo 401(k) and sep ira ($66,000 for 2023;
The ira contribution limits for 2024 are $7,000 for those under age 50, and $8,000 for those age 50 or older. For traditional iras and roth iras, the contribution limit for 2024 is $7,000.