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
Permalink Submitted by Alan - IRA critic on Wed, 2025-09-24 14:27
No, the super catch up includes the basic age 50 catchup, so the total salary reduction contribution max for 2025 is 22,850.