Simple Ira Catch Up Contribution Limits 2024. The agency also boosted the contribution maximums for iras and lifted the limit to $7,000 for 2024, up from $6,500 in 2022. The contribution limit for a simple ira plan in 2024 is $16,000 for employees, with an additional catch.


Simple Ira Catch Up Contribution Limits 2024

For 2024, that limit goes up by $500 for a total of. $6,500 (for 2023) and $7,000 (for 2024) if you’re under age 50.

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