Simple Ira Contribution Limits 2024 In India. In 2024, the maximum simple ira employee contribution limit is $16,000.  — to qualify for a simple ira, an employee must have earned at least $5,000 in pay during the past two calendar years and expect to earn at least that amount in the current year.

As of 2024, for employers with 25 or fewer employees, employees are able to contribute up to.  — to qualify for a simple ira, an employee must have earned at least $5,000 in pay during the past two calendar years and expect to earn at least that amount in the current year.