Sep Ira 2024 Max Contribution. For a sep ira, the contribution limit increases from $66,000 in 2023 to $69,000 (or the lesser of 25 percent of the first $345,000 of compensation) in 2024. The max sep ira contribution limit for 2022 is $61,000 and for 2023 it’s $66,000.

$69,000 ($66,000 for 2023 contributions); In 2024, you can contribute 25% of your total compensation to an ira with a maximum contribution of $69,000.