Simple Ira Limits 2024 Fidelity. Ira contribution limits for 2024 and 2025 are $7,000 for adults under 50 and $8,000 for those 50 and older. The 2024 simple ira contribution limit for employees is $16,000.

The ira contribution limits for 2024 are $7,000 for those under age 50, and $8,000 for those age 50 or older. The simple ira contribution limit for employees in 2024 is $16,000.