Sep Ira Contribution Limits 2024 Employer Match. Unless you annually earn $345,000 in 2024 ($330,000 in 2023), you don't have to worry about exceeding the contribution limit of $69,000 in 2024 (or $66,000 in 2023). The simple ira calculation assumes the employer has chosen to do a 3% match and the employee is deferring the maximum possible.

The 2025 401 (k) contribution limit increased to $23,500, up from $23,000 in 2024. If you’re 60 to 63, you can contribute an.