Skip to content

$57,000 in an IRA? When?

Answered by: 

What is the most that can go into an IRA?

Each IRA has contribution limits but the SEP IRA used for small businesses allows for $57,000 max contribution for each employee. This is very advantageous when the owner is the only employee.


Learn more about Deborah Crawford’s webinar IRA Fundamentals Every Banker Should Know

First published on 11/08/2020

Banker Store View All

From training, policies, forms, and publications, to office products and occasional gifts, it’s available here:

Banker Store

hot right now

image description

Looking for effective, convenient training on a particular subject?

BOL Learning Connect offers more than 200 courses ON-DEMAND or on CD ROM from AML to Reg Z and every topic in between.

Search Topics