Recent Calculations
An employer-sponsored retirement savings account could be one of your best tools for creating a secure retirement. It provides two important advantages. First, all contributions and earnings are tax-deferred. You only pay taxes on contributions and earnings when the money is withdrawn. Second, many employers provide matching contributions to your account, which can range from 0% to 100% of your contributions. Use this calculator to see how increasing your contributions to a 401(k) can affect your paycheck as well as your retirement savings. Withholding schedules, rules and rates are from "IRS Publication 15" and "IRS Publication 15T". This calculator uses the redesigned W-4 created to comply with the elimination of exemptions in the Tax Cuts and Jobs Act (TCJA).
This is the percentage of your annual salary you contribute to your 401(k) plan each year. While your plan may not have a deferral percentage limit, this calculator limits deferrals to 75% to account for FICA (Social Security and Medicare) taxes. This rule may not apply to all plans.
This is the new percentage of your annual salary you would like to compare your current 401(k) contributions to.
Your annual 401(k) contribution is subject to maximum limits established by the IRS. **PLAN_CONTRIBUTION_MAX** Employer contributions do not count toward the IRS annual contribution limit.
Employees classified as "Highly Compensated" may be subject to additional limits based on their employer's overall 401(k) participation. **PLAN_HIGHLY_COMPENSATED**
While your plan may not have a deferral percentage limit, this calculator limits deferrals to 75% to account for FICA (Social Security and Medicare) taxes. This rule may not apply to all plans.
This is your gross pay, before any deductions, for one pay period. Please enter a dollar amount from $1 to $1,000,000.
This is how often you are paid. Your selections are:
This is your income tax filing status. The choices are "Single", "Married" and "Head of Household." Choose "Married" if you are married, "Head of household" if you are unmarried with dependent children, "Single" if you file your taxes as a single person or if you are married but file separately.
This is the percentage that will be deducted for state and local taxes. **TAX_STATE_ALLOWANCE_TJA_DEFINITION** Please note, this calculator can only estimate your state and local tax withholding. The tax rate displayed is an assumption that may or may not be relevant to your situation.
Enter any payroll deductions made by your employer that are made with pre-tax income. This might include your health insurance and/or life insurance, among other pre-tax deductions.
Enter any payroll deductions made by your employer that are made with after-tax income.
Enter any reimbursements made by your employer that are after-tax.
The expected annual increase in your salary. The tool uses this to project future contributions and matches to your savings plan.
Income from your employer that you have been paid during the current year, before the current payroll period. The tool uses this amount to determine if you are still required to pay FICA OASDI for the current payroll period.
**TAX_SOCIAL_SECURITY_MAX** Please note that if you have other wages or employers this calculator does not make any assumptions as to the total Social Security tax withheld for the current year other than the actual inputs for this calculator. This tax is also referred to as the Federal Insurance Contributions Act Old Age Survivors and Disability Insurance (FICA OASDI).
Medicare tax is calculated as your gross earnings times 1.45%. Unlike the Social Security tax, there is no annual limit to the Medicare tax. Starting in 2013, an additional Medicare tax of 0.9% is withheld on all gross earnings paid in excess of $200,000 in a calendar year. If you enter an amount for the year-to-date gross earnings, this additional Medicare tax will be calculated based on the current period's gross earnings that exceed the annual $200,000 threshold. If no year-to-date amount is entered, any additional Medicare tax withholding will be calculated only for any gross earnings in excess of $200,000 for the current payroll period. If year-to-date wages prior to the current payroll period have exceeded $200,000, the year-to-date wages must be entered to calculate an accurate additional Medicare tax.
**TAX_CALCULATION_TJA_DEFINITION**
Choose the type of plan your employer sponsors. Choices include an option for pre-tax ("traditional" contributions) and after-tax ("Roth" contributions).
The current balance of your retirement plan.
Su edad actual.
Edad en la que planea jubilarse. This calculator assumes that the year you retire, you do not make any contributions to your 401(k). For example, if you retire at age 65, your last contribution occurs when you are actually 64.
This is the annual rate of return you expect from your retirement account. La tasa de rendimiento real depende en gran medida de los tipos de inversiones que elija. El índice Standard & Poor's 500® (S&P 500®) durante los últimos 10 años que finalizaron el 31 de diciembre de 2025, tuvo una tasa de rendimiento compuesta anual de 14.8 %, con la reinversión de dividendos. Desde el 1 de enero de 1970 hasta el 31 de diciembre de 2025, la tasa de rendimiento compuesta anual promedio del S&P 500®, con la reinversión de dividendos, fue aproximadamente del 11.3 % (fuente: www.spglobal.com). Desde 1970, el rendimiento más alto a 12 meses fue del 61 % (desde junio de 1982 hasta junio de 1983). El rendimiento más bajo a 12 meses fue del -43 % (desde marzo de 2008 hasta marzo de 2009). Las cuentas de ahorro en una institución financiera pagan menos, pero conllevan un riesgo significativamente menor de pérdida de saldos de capital.
Es fundamental tener en cuenta que estos escenarios son meramente hipotéticos y que las tasas de rendimiento futuras no pueden preverse con certeza. Además, las inversiones que ofrecen tasas de rendimiento más altas suelen estar expuestas a un mayor riesgo y volatilidad. La tasa real de rendimiento de las inversiones puede variar significativamente con el tiempo, en especial en las inversiones a largo plazo. También puede implicar la posible pérdida de capital invertido. No es posible invertir directamente en un índice y la tasa de rendimiento compuesta mencionada anteriormente no incluye los cargos por ventas ni otras tarifas que imponen los fondos de inversión o las empresas de inversión.
The percentage of your annual 401(k) contributions your employer will match. These contributions are often capped. Please read the definition for "Employer maximum" for more information. Also note employer contributions do not count toward the IRS annual contribution limit.
Matching contributions can also be subject to a vesting schedule. See your plan information for details.
This is the maximum percent of your salary matched by your employer, regardless of the amount you decide to contribute.
For example, let's assume your employer provides a 50% 401(k) contribution match on up to 6% of your annual salary. If you have an annual salary of $100,000 and contribute 6%, your contribution will be $6,000 and your employer's 50% match will be $3,000 ($6,000 x 50%), for a total of $9,000. If you only contribute 3%, your contribution will be $3,000 and your employer's 50% match will be $1,500, for a total of $4,500.
If you increase your contribution to 10%, you will contribute $10,000. Your employer's 50% match is limited to the first 6% of your salary then limits your employer's contribution to $3,000 on a $100,000 salary. The total 401(k) contribution from you and your employer would therefore be $13,000.