Simple Ira Employer Contribution Limits 2024. However, because the simple ira plan limits your contributions to $16,000 in 2024 ($15,500 in 2023; For 2024, the annual contribution limit for simple iras is $16,000, up from $15,500 in 2023.

The 2024 simple ira contribution limit for employees is $16,000. Simple plans allow for both employee and employer contributions, and those dollar amounts have always been clear.