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What are the SEP IRA contribution limits?

April 26, 2017contribution IRA limits SEP

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What are the SEP IRA contribution limits?

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“, summary:” The annual SEP IRA contribution limits apply to both the individual SEP IRA and the total sum of tax deductible contributions across IRS- approved plans. The annual limit for SEP contributions is $5,000 for individuals under 50 and $6,000 for those over 50 as of 2010.