SIMPLE IRA

Is the Maximum EE contribution for a SIMPLE IRA with less than 25 Employees and an EE age 61; $17,600 Regular contribution and $5,250 for Super Catch-Up Totaling $22,850? Or, can we also add the Regular Catch up $3,850 to total $26,700.

Thank you.

Denise Sowell



No, the super catch up includes the basic age 50 catchup, so the total salary reduction contribution max for 2025 is 22,850.

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