2016 SEP IRA Contribution Levels

Here’s what can be contributed to a SEP IRA:

YearStatusMaximum Contribution
2016W-2 IncomeUp to 25% of compensation, but no more than $53,000.
2016Self EmployedGenerally up to 20%, but no more than $53,000.

Copyright © 2016 by Ed Slott and Company, LLC