Simple Ira Maximum Contributions 2024. If you are 50 or above and your simple ira plan allows,. For simple plans with 25 or fewer employees,.
โ the 2024 annual ira contribution limit is $7,000 for individuals under 50, or $8,000 for 50 or older. For 2024, the total contributions you make each year to all of your traditional iras and roth iras can’t be more than: