| SEP Plan Features | |
|---|---|
 Funding Source
|
Employer |
 Maximum Contribution
|
25% of Compensation $61,000 (2022) and $66,000 (2023) |
 Plan Establishment Deadline
|
Business tax return due date, including extensions |
 Account Structure
|
Participant-Controlled SEP IRAs |
 Additional Plan Features
|
✘ Withdrawal Restrictions ✘ Vesting ✘ Plan Loans |