Simple Ira Limits 2024. You can make 2024 ira contributions until the unextended federal tax deadline (for income earned in 2024). The nonelective contribution is typically 2% of the employee's compensation (3% in some cases) and is based on a maximum salary of $345,000 for 2024.
A financial advisor can help you create a retirement plan for the future. The maximum simple ira employee contribution limit is $16,000 in 2024 (an increase from $15,500 in 2023).