Simple Ira Contribution Limits 2024 Catch Up. $13,500 in 2020 and 2021; Exceeding this amount can result in penalties.


Simple Ira Contribution Limits 2024 Catch Up

The annual employee contribution limit for a simple ira is $16,000 in 2024 (an increase from $15,500 in 2023). The simple ira contribution limit for employees in 2024 is $16,000.

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