I tried searching the forum, but couldn't find this answer.
At one point, I had a Simple IRA and I could contribute up to the max and ALSO my employer could contribute a match above that max.
At another point, I had a 401k and I could do the same (max my contribution, then my employers match would be in addition to that max.)
My new employer offers a SEP IRA. And It seems like the total contributions (whether from a paycheck deduction or from my employers discretionary contribution) cannot exceed 25% of my yearly earnings. So my employer's contributions count towards my max.... is that correct?