SEP Plan Features | |
---|---|
Funding Source | Employer |
Maximum Contribution |
25% of Compensation $66,000 (2023) and $69,000 (2024) |
Plan Establishment Deadline | Business tax return due date, including extensions |
Account Structure | Participant-Controlled SEP IRAs |
Additional Plan Features (✘ = not permitted) |
✘ Withdrawal Restrictions ✘ Vesting ✘ Plan Loans |