2024 Simple Ira Contribution Limits Chart. The maximum simple ira employee contribution limit is $16,000 in 2024 (an increase from $15,500 in 2023). The ira contribution limit is $7,000, or $8,000 for individuals 50 or older in 2024 and 2025.
The contribution limit for simple plans increases to. There are two separate simple ira contribution limits.
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