Simple Ira Employer Contribution Limits 2024 . The 2024 simple ira contribution limit for employees is $16,000. Simple plans allow for both employee and employer contributions, and those dollar amounts have always been clear.
However, because the simple ira plan limits your contributions to $16,000 in 2024 ($15,500 in 2023; The ira contribution limits for 2024 are $7,000 for those under age 50, and $8,000 for those age 50 or older.
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