2014 & 2013 Simple IRA Contribution Limit Posted on June 9, 2013 (November 17, 2022) by LONYOUNG THE AMOUNTS ARE THE SAME for 2014 and 2013. The Simple IRA contribution limit for employees is $12,000 for 2014 (up from 2012 of $11,500). If over age 50, the limit for 2014 is $14,500 (up from 2012 of $14,000).