SEP Contribution Limits (including grandfathered SARSEPs)
- 25% of the employee's compensation, or
- $51,000 (for 2013, $52,000 for 2014).
Participants in Salary Reduction Simplified Employee Pension (SARSEP) plans established before 1997 were entitled to elective deferral contributions. For these plans, a participant’s elective deferral contributions are further limited to $17,500 (in 2013 and 2014) or 100% of their compensation, whichever is less. Catch-up contributions are not subject to this limit.