Simple Plan Contribution Limits 2024. The simple ira and simple 401(k) contribution limits will increase from $15,500 in 2023 to $16,000 in 2024. However, because the simple ira plan limits your contributions to $16,000 in 2024 ($15,500 in 2023;
Secure 2.0 made some significant changes to the simple ira plan contribution limits, pushing the 2024 limits to $17,600 and $3,850, respectively. The simple ira and simple 401(k) contribution limits will increase from $15,500 in 2023 to $16,000 in 2024.
Simple Plan Contribution Limits 2024 Images References :