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401(k) Contribution Effects on Your Paycheck Calculator

A 401(k) is a tax-advantaged retirement savings tool offered by many employers. Your contributions and earnings are tax-deferred, and many employers also provide matching contributions. Calculate how contributing to your 401(k) plan affects your retirement savings as well as your paycheck below, and click the ‘View Report’ button for your results. This calculator uses the withholding schedules, rules and rates from IRS Publication 15.

Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.