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2. Does My SEP IRA Allow Catch-Up Contributions? - AOL

   www.aol.com/finance/does-sep-ira-allow-catch...

   The post Does a SEP IRA Allow Catch-Up Contributions? appeared first on SmartReads by SmartAsset. ... For 2023, the contribution limit for a SEP IRA is the lesser of 25% of the employee’s ...

3. 3 last-minute tax moves for retirement savers - AOL

   www.aol.com/finance/3-last-minute-tax-moves...

   If your employer’s 401(k) plan permits it, and you were age 50 or older at the end of 2023, you can also make catch-up contributions by adding salary deferrals up to $7,500.

4. A complete guide to SEP IRAs: Why those who are self ... - AOL

   www.aol.com/finance/complete-guide-sep-iras-why...

   No catch-up contributions: If you’re over the age of 50, there are no catch-up contributions like you see with IRAs and 401(k)s. However, the higher contribution limits of a SEP IRA might ...

5. SEP IRA contribution and income limits for 2024 and 2025 ...

   www.aol.com/finance/2023-sep-ira-contribution...

   The SEP IRA has a limit on the annual compensation that is used for figuring retirement plan contributions. For 2025, that limit is $350,000, an increase from $345,000 in 2024. That limit is ...

6. Best retirement plans for the self-employed - AOL

   www.aol.com/finance/best-retirement-plans-self...

   Employees can have wages deducted from their paychecks and can defer up to $15,500 in 2023 ($16,000 in 2024), with those over age 50 allowed a $3,500 catch-up contribution. Employers must add to ...

7. What Are the Age Limits For IRA Contributions? - AOL

   www.aol.com/age-limits-ira-contributions...

   The 2023 contribution limit for both traditional and Roth IRAs is $6,500. Americans who are 50 or older can contribute an additional $1,000 in catch-up contributions .

8. How Does a Simplified Employee Pension (SEP) Work for ... - AOL

   www.aol.com/does-simplified-employee-pension-sep...

   Another con for a SEP-IRA is not allowing catch-up contributions for those over 50. Nor does it offer an after-tax Roth option or account loans, which are usually features of the solo 401(k) .

9. What Are the Retirement Account Contribution Limits for 2023?

   www.aol.com/finance/retirement-account...

   The IRA catch-up contribution limit (a contribution that allows people aged 50 or older, or who have 15 years of service for a 403(b) plan, to make additional contributions) remains at $1,000 ...