Sep Ira Contribution Limits 2024 Over 50. For 2024, employers can contribute up to 25% of an employee’s total compensation or a maximum of $69,000, whichever is less. Beginning in 2024, the ira contribution limit is increased to $7,000 ($8,000 for individuals age 50 or older) from $6,500 ($7,500 for.

For 2024, employers can contribute up to 25% of an employee’s total compensation or a maximum of $69,000, whichever is less.  — 2024 traditional and roth ira contribution limits.