Sep Ira Contribution Limits 2024 Vs 2024. You can contribute up to $7,000 to a traditional or roth ira in 2024. The maximum total annual contribution for all your iras (traditional and roth) combined is:
Individuals age 50 or older can contribute up to $8,000. The sep ira allows you to contribute up to 25% of your compensation, or $69,000 in 2024.