WealthRabbit Support

How to make SEP IRA contributions for my business in WealthRabbit?

With WealthRabbit, managing your SEP IRA contributions is simple. Follow these steps to make a contribution:

Step 1: Sign in to your WealthRabbit account and go to the "Contributions" section on your Dashboard.
 

Step 2: Click the “Make Contribution” button. You’ll be prompted to enter contribution details for the current tax year. Before proceeding, make sure your contribution aligns with your plan rules and IRS limits.

Step 3: Set the duration of the contribution and choose the date you'd like it processed.

2025 SEP IRA Limits:

• You can contribute up to 25% of each employee’s compensation, or $70,000, whichever is lower.

• Only the first $350,000 of compensation is considered for calculation purposes.

Step 4:  Enter the contribution percentage or amount to be applied equally to all eligible employees, then click “Save and Continue.” SEP IRAs require the same percentage contribution for all eligible employees.