Author Topic: Does SEP-IRA limit include match contributions?  (Read 407 times)


  • Bristles
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    • AgainstAllOdds
Does SEP-IRA limit include match contributions?
« on: November 04, 2022, 07:29:21 PM »
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?
« Last Edit: November 04, 2022, 08:01:29 PM by nyxst »