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    How Much Can You Contribute to a SEP IRA for 2018?

    by Thomas H. Blanton, Reporter, Kiplinger's Personal Finance Apr 17, 2018 2 minutes

    A Simplified Employee Pension IRA, or SEP IRA for short, is a good option for self-employed workers and small-business owners who want an easy and inexpensive retirement plan. A SEP IRA is also generous, allowing retirement savers to put away much more than they could with some other retirement accounts.

    SEP IRA Contribution Limits for 2018

    For 2018, a self-employed business owner for those younger than 50, or $6,500 for those 50 or older thanks to a $1,000 catch-up contribution.

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