Simple Ira Employer Contribution Limits 2024.  — in 2020, simple ira contributions increased $500 from 2019 to $13,500 annually ($16,500 if you are over 50).  — you can contribute up to $16,000 to a simple ira in 2024, up from $15,500 in 2023.

 — the employee contribution limit for a simple ira in 2024 is $16,000.  — secure 2.0 made some significant changes to the simple ira plan contribution limits.