Simple Ira 2024 Contribution Limit Irs. The simple ira contribution limit for employees in 2024 is $16,000. Like both of these plans, the simple ira is subject to annual contribution limits.

The annual employee contribution limit for a simple ira is $16,000 in 2024 (an increase from $15,500 in 2023). That’s up from the 2023 limit of $15,500.