2025 Ira Catch Up Contribution Limits Over 50

2025 Ira Catch Up Contribution Limits Over 50. The 2025 simple ira contribution limit for employees is $16,000. The limit for annual contributions to roth and traditional individual retirement accounts (iras) for the 2023 tax year was $6,500 or $7,500 if you were age 50 or older.


2025 Ira Catch Up Contribution Limits Over 50

Another option is a sep ira, which has. As an employer, you can also contribute up to 25% of your compensation, for a combined total of up to $69,000 in 2025, or $76,500 if youโ€™re 50 or older.

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