How Much Can You Contribute to a SEP IRA for 2019?
by Thomas H. Blanton, Reporter, Kiplinger's Personal Finance
Jun 18, 2019
2 minutes
A Simplified Employee Pension IRA, or SEP IRA for short, is a good option for self-employed workers and small-business owners who want an easy and inexpensive retirement plan. A SEP IRA is also generous, allowing retirement savers to put away much more than they could with some other retirement accounts.
SEP IRA Contribution Limits for 2019
For 2019, a self-employed business owner effectively for those younger than 50, or $7,000 for those 50 or older thanks to a $1,000 catch-up contribution.
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