Simple Ira Limits 2024 Irs. For those who use simplified employee pension (sep) iras or simple iras, the 2025 contribution limits are as follows: Here are the simple ira contribution limits to know.


Simple Ira Limits 2024 Irs

For 2024, the annual contribution limit for simple iras is $16,000, up from $15,500 in 2023. For individual retirement accounts, or iras—both roth and traditional types —2024 contributions will max out at $7,000, up.

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