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One of the most powerful tools for building retirement wealth and  reducing taxable income is the SEP IRA (Simplified Employee Pension Individual Retirement Account). The IRS recently released the updated contribution limits for 2025, and there are key changes every business owner should be aware of. In this article, the experts at Planit CPA in South Jersey explain how SEP IRAs work, the new limits for 2025, and strategies for maximizing your contributions while staying comp