Simple Ira Contribution Limits 2024 Over 50. The irs has announced the 2025 contribution limits for 401 (k) and iras. The simple ira contribution limit for 2024 is $16,000.


Simple Ira Contribution Limits 2024 Over 50

For a sep ira, the contribution limit is up to 25% of compensation, with a maximum of $66,000. The 2024 simple ira contribution limit for employees is $16,000.

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