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401k Calculator
Retirement A 401(k) can be one of your best tools for creating a secure retirement. It provides you with two important advantages. First, all contributions and earnings to your 401(k) are tax deferred. You only pay taxes on contributions and earnings when the money is withdrawn. Second, many employers provide matching contributions to your 401(k) account which can range from 0% to 100% of your contributions. <div align=center><div align=center id=KJENoJavaScript class=KJENoJavaScript>Javascript is required for this calculator. Calculators provided by Bankrate.com Your total is $756,477 after 35 years. Total employee contributions: Employer match An employer match is in addition to your annual contributions. For example, let's assume the employer matches 50% of the employee's contributions up to 6% of their salary. $10,000 from the employee $3,000 from the employer (which is 50% of $6,000 or 6% of the annual salary) Total: $13,000 Employer maximum Total employer contributions: Annual salary
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