Ira Contribution Limits 2024 Catch Up. For those with a simple 401 (k) plan, the maximum deferral amount in. For 2024, the annual contribution limit for simple iras is $16,000, up from $15,500 in 2023.
Traditional ira contribution limits are up $500 in 2024 to $7,000. For 2024, the annual contribution limit for simple iras is $16,000, up from $15,500 in 2023.