Simple Ira Employer Contribution Limits 2024

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Simple Ira Employer Contribution Limits 2024. The simple ira contribution limit for 2024 is $16,000. The contribution limit for a simple ira plan in 2024 is $16,000 for employees, with an additional catch.


Simple Ira Employer Contribution Limits 2024

You can make 2024 ira contributions. Beginning on 1/1/2024, employers may make an optional, additional contribution up to the lesser of 10% of compensation or $5,000 (indexed for inflation).

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