Simple Ira Contribution Limits 2024 Employer Match. An employer with 26 to 100 employees is permitted to provide these higher deferral limits if the employer provides either a (1) 4% matching contribution or (2) 3%. The contribution limit for a simple ira plan in 2024 is $16,000 for employees, with an additional catch.

You must deposit your $4,000 salary reduction contribution to your simple ira no later than january 30, 2014. An employer with 26 to 100 employees is permitted to provide these higher deferral limits if the employer provides either a (1) 4% matching contribution or (2) 3%.