Simple Ira Contribution Limits 2025 Over 50

Simple Ira Contribution Limits 2025 Over 50. The ira catch up contribution limit for individuals aged 50 and over was changed. For 2025, the annual contribution limit for simple iras is $16,000, up from $15,500 in 2023.

There are two separate simple ira contribution limits. For employees, the maximum contribution limit for 2025 is $16,000.