Simple Ira Limits 2024 Over 55. See how much you can contribute to an ira this year. The maximum simple ira employee contribution limit is $16,000 in 2024 (an increase from $15,500 in 2023).
For 2024, you can contribute as much as $7,000 to an ira or $8,000 if you’re age 50 and older. In 2025, that limit is $16,500.
