Ira Catch Up Contribution Limits 2024. In 2024, individuals are allowed up to an additional $3,500. From 2024 onward, if you're an employee with a 401 (k), 403 (b), or a government 457 (b) retirement plan and earned more than $145,000 the previous year,.
That’s up from the 2023 limit of $15,500. The 2024 simple ira contribution limit for employees is $16,000.