Michael N Klein

Simple Ira Employee Contribution Limits 2025. The employee contribution limit for a simple ira is $16,000 in 2025 if the employee is under 50. $7,000 for individuals under the age of 50.

A simple ira is an excellent tool for small business owners to help employees save up for retirement. In 2025, the employee contribution limits to a simple ira are $16,000 for employees under 50 years old and $19,500 for employees 50 and older by the end of the calendar year.