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February 11, 2025
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section 117 Secure and the Simple Maximum

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  • February 11, 2025
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Line 5a of the Keogh/SEP/Simple Contribution Worksheet has the incorrect maximum for Line 5a. It maxes out at $19,500 which is the over 50 age BUT does not take into account Section 117 of the Secure 2.0 Act which went into affect 1/1/24.