Simple Ira Contribution Limits 2024 Irs. The increased simple contribution limits apply automatically. The maximum roth ira contribution limit for 2025 is the same as for 2024, which is $7,000 for those under 50, and an additional $1,000 in catch up contribution for those 50.

However, pursuant to the secure 2.0 act, some employees are eligible. In fact, it may be required for some companies to allow these increased limits.