2024 Simple Ira Contribution Limits Employer Contribution. The maximum simple ira employee contribution limit is $16,000 in 2024 (an increase from $15,500 in 2023). Employers must either match employee contributions up to 3%.

Starting in 2023, employers sponsoring a simple ira can allow employees to make contributions on a roth basis. Employers must either match employee contributions up to 3%.