Max Simple Ira Contribution 2024 Catch Up 2024. The 2022 contribution limit for a simple ira or 401(k), which are retirement plans designed for small businesses with 100 or fewer employees, is $14,000 ($15,500 for 2023). Learn more about the sep ira.
The maximum simple ira employee contribution limit is $16,000 in 2024 (an increase from $15,500 in 2023). Thatโs up from the 2023 limit of $15,500.
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