Simple Ira Contribution Limits 2024 Over 55. You can add an extra $3,500 for 2024 if you're age 50 or older. That's up from the 2023 limit of $15,500.

You can contribute up to $16,000 to a simple ira in 2024, up from $15,500 in 2023. You can add an extra $3,500 for 2024 if you’re age 50 or older.
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