2024 Simple Ira Contribution Limits 2024 . Those 50 and older can contribute an extra $1,000 for a total of $8,000. The annual employee contribution limit for a simple ira is $16,000 in 2024 (an increase from $15,500 in 2023).
For example, the maximum simple annual salary deferral for 2024 is $16,000. That’s up from the 2023 limit of $15,500.
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