Maximize your employer match and discover how much "free money" you might be leaving on the table. Calculate your optimal 401(k) contribution strategy.
Your 401(k) Details
Employer Match: Free money from your employer! We calculate exactly how much your employer contributes based on their match formula. Common formulas include "100% match up to 3%" (employer matches dollar-for-dollar up to 3% of your salary) or "50% match up to 6%" (employer contributes 50 cents for every dollar you contribute, up to 6% of salary).
Contribution Limits: The IRS sets annual limits on 401(k) contributions. For 2024, you can contribute up to $23,000 if you're under 50, or $30,500 if you're 50+. Our calculator warns you if you're exceeding these limits.
Traditional vs Roth: Traditional 401(k) contributions reduce your taxable income now but you pay taxes in retirement. Roth 401(k) contributions are made with after-tax dollars but grow tax-free and aren't taxed in retirement. The calculator compares both to show which provides better after-tax value.
Vesting: Some employers require you to stay for a certain period before their contributions are fully yours. "Cliff vesting" means 0% until a date, then 100%. "Graded vesting" gradually increases your ownership percentage over time.
Disclaimer: This calculator provides estimates for educational purposes only and should not be considered financial advice. Actual results may vary based on market conditions, fee structures, salary changes, and other factors. Consult with a qualified financial advisor for personalized retirement planning guidance.