Simple Ira Limits 2024 Catch Up Income. That's up from the 2023 limit of $15,500. The maximum simple ira employee contribution limit is $16,000 in 2024 (an increase from $15,500 in 2023).

Simple ira contribution limits for 2024. The ira contribution limits for 2024 are $7,000 for those under age 50, and $8,000 for those age 50 or older.