Simple Ira Employee Contribution Limits 2024
Simple Ira Employee Contribution Limits 2024. For 2024, you can contribute up to $23,000 to a 401 (k) if you're under 50 and up to $30,500 if you are 50 or older. Ira eligibility and contribution limits.
An employee cannot contribute more than $16,000 in 2024 ($15,500 in 2023) to a simple ira. If an employer has fewer than 25.