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Simple Ira Employee Contribution Limits 2024. Discover the updated 2024 retirement contribution limits for 401(k), ira, roth ira, sep ira, and simple ira accounts to maximize your savings. However, because the simple ira plan limits your contributions to $16,000 in 2024 ($15,500 in 2023;

Discover the updated 2024 retirement contribution limits for 401(k), ira, roth ira, sep ira, and simple ira accounts to maximize your savings. Employers may now offer an increased simple ira plan elective deferral limit, even though plan documents do not reflect the new provision.