Finance Tools

SEP IRA Calculator

Estimate SEP IRA contributions and project retirement balance growth. Useful for self-employed and small business owners planning retirement savings.

SEP IRA Calculator

Estimate SEP IRA contributions based on compensation and a contribution rate, then project how your balance could grow over time with compound returns. This is a simplified planning model.

Enter the percent of compensation you plan to contribute.

Results

Estimated Annual Contribution: $18,000

Total Contributed Over 20 Years: $360,000

Estimated Investment Growth: $302,141

Projected SEP IRA Balance: $662,141

Assumption: constant annual contribution and 6.0% return.

How a SEP IRA contribution estimate works

A simplified SEP IRA model multiplies compensation by a contribution rate to estimate annual contributions, then applies compound growth to estimate a future balance. Real rules and limits can vary by year.

FAQ

Does this enforce official SEP IRA limits?

No. Limits can change by year and depend on compensation definitions. Use this tool as a planning estimate.

Is SEP IRA only for self-employed?

SEP IRAs are commonly used by self-employed people and small business owners, but eligibility depends on plan setup.

How to use this sep ira calculator

  1. Enter your annual compensation or net self-employment income.
  2. Enter your contribution rate (or planned contribution amount).
  3. Enter expected annual return and years to invest.
  4. Review estimated annual contribution and projected balance at retirement.

Example

If compensation is $120,000 and you contribute 15% for 20 years at 6% return:

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