Simple Ira Limits 2024 Over 50 . The ira contribution limits for 2024 are $7,000 for those under age 50, and $8,000 for those age 50 or older. In 2025, that limit is $16,500.
A simple ira is an excellent tool for small business owners to help employees save up for retirement. Simple ira contribution limits for 2025.
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