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Simple Ira Contribution Limits 2024 Catch Up
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Simple Ira Contribution Limits 2024 Catch Up. What are the contribution limits for a simple ira plan? For 2024, the annual contribution limit for simple iras is $16,000, up from $15,500 in 2023.
Employees who are 50 or older are also eligible to make. In 2025, that limit is $16,500.
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