"Give me golf clubs, fresh air and a beautiful partner, and you can keep the clubs and the fresh air."

                                    - Jack Benny

CONTRIBUTION LIMITS FOR SEP IRAs

 

SEP IRA-Max. Annual Contribution Limits

For the year 2006

Employer contribution are limited to 25 percent of participant's eligible compensation or $44,000, which ever is less.

For the year 2007

Employer contributions are limited to 25 percent of participant's eligible compensation or $45,000, which ever is less.