Simple Ira Contribution Limits 2024 Employer Match. What is the maximum contribution i may make for myself to my simple ira? In 2024, the employee contribution limits to a simple ira are $16,000 for employees under 50 years old and $19,500 for employees 50 and older by the end of the calendar year.
For 2023, contributions cannot exceed $15,500 for most people. The annual employee contribution limit for a simple ira is $16,000 in 2024 (an increase from $15,500 in 2023).