2024 Simple Ira Contribution Limits. The maximum simple ira employee contribution limit is $16,000 in 2024 (an increase from $15,500 in 2023). The maximum contribution you can make to an individual retirement account (ira) is set each year and changes to keep up with inflation over time.
In 2024, employees can contribute $16,000 into their simple ira, which is up from the. The current contribution limit for 401(k).