Simple Ira Contribution Limits 2025 Irs. The internal revenue service (irs) has announced the dollar maximums and limits for qualified pension plans for 2025. An employee can — but is not required to — make salary reduction.
That’s up from the 2024 limit of $16,000. The irs determines the maximum contribution for each type of ira annually, and they recently announced the updated limits for tax year 2025.