Ira Contribution Limits 2025 Catch Up. For those with a simple ira, you can contribute an additional $500 for 2025 which brings the annual limit to $16,500, plus an additional $3,500 if you are at least age 50, which is the same. So, these taxpayers can still contribute an additional $7,500 in 2025 ($31,000 total).
The contribution limit has increased to $23,500 in 2025, up from $23,000 in 2024. Under a provision of secure act 2.0, plan participants in a specific age group can now boost their contributions to 401(k) and related plans.
Ira Contribution Limits 2025 Catch Up Images References :
