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What are the SEP IRA tax-deductible contributions?

April 26, 2017contributions IRA SEP tax-deductible

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What are the SEP IRA tax-deductible contributions?

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You can contribute up to 25% of your compensation, up to $46,000 for the 2008 plan year and $49,000 for the 2009 plan year. Keep in mind if you’re self-employed your contribution is typically limited to 20%.

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You can contribute up to 25% of your compensation, up to $49,000 for the 2009 and 2010 plan years. Keep in mind if you’re self-employed your contribution is typically limited to 20%.