2025 Simple Ira Contribution Limits Over 50. Refer to the table below for. (6) under a simple ira plan, an eligible employee may elect to have their employer make limited annual salary reduction contributions to their simple ira.
For 2025, the annual contribution limit for simple iras is $16,500, up $500 from 2024. Individuals aged 50 and older can contribute an additional $1,000, unchanged from 2024.
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