Simple Ira Employer Contribution Limits 2024
That's up from the 2023 limit of $15,500. The 2024 simple ira contribution limit for employees is $16,000.
Another good thing about 401(k) accounts is their hefty contribution limits. The maximum contribution amount in 2024 is $16,000 for those under age 50 and $19,500 for those over age 50.