sep ira contribution
so if the gross wages are 100K, then the sep ira contribution is 25% of 100k or $25000,
is that correct?
Thanks for posting your question.
If you’re talking about the SEP IRA Contribution limit, you’re correct.
Here’s information to verify that.
Laura, HR Staff Writer
Disclaimer: We spend hours researching and writing our articles and strive to provide accurate, up-to-date content. However, our research is meant to aid your own, and we are not acting as licensed professionals. We recommend that you consult with your own lawyer, accountant, or other licensed professional for relevant business decisions. Click here to see our full disclaimer.
Product or company names, logos, and trademarks referred to on this site belong to their respective owners.