Simple Ira Limits 2024 And 2024. $7,000 ($8,000 for individuals aged 50 or older) simple ira: In 2024, employees can contribute up to.
— in 2024, the contribution limit for 401(k) plans is $23,000, and $30,500 for employees 50 years of age and older. — the contribution limit for simple 401k and simple ira plans is $16,000 in 2024.