Simple Ira Catch Up Contribution Limits 2024 Over 50.  — yes, simple ira limits are lower than 401(k) limits.  — the total employee contribution limit to all 401(k) and 403(b) plans for those under 50 will be going up from $23,000 in 2024 to $23,500 in 2025.

Here are the simple ira contribution limits to know.  — the ira contribution limits for 2024 are $7,000 for those under age 50, and $8,000 for those age 50 or older.