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Does your employer offer matching 401(k) contributions?

A majority of 401(k) plan participants say their 401(k) plan is their sole or largest source of retirement savings1. But how can you be sure you’re making the most of your employer retirement plan?

401(k) Calculator — Maximum Contribution to 401(k)

Rate at which returns in taxable accounts are taxed may impact results. Factors such as, but not limited to, type of tax-deferred investment vehicles available, contribution limits, deductibility of contributions and early withdrawal penalties may impact results and determination in choosing the most appropriate tax-deferred investment vehicle.

Results are not a complete assessment of all factors required to make a final decision. Contact one of our investment advisors for more complete information based on your personal circumstances.

 

 

 

1 According to Schwab Retirement Plan Services
Information and interactive calculators are made available to you as self-help tools for your independent use and are not intended to provide investment advice. We cannot and do not guarantee their applicability or accuracy in regard to your individual circumstances. All examples are hypothetical and are for illustrative purposes. This information may help you analyze your financial needs. It is based on information and assumptions provided by you regarding your goals, expectations and financial situation. The calculations do not imply that the company assumes any fiduciary duties. The calculations provided should not be construed as financial, legal or tax advice. In addition, such information should not be relied upon as the only source of information and results are not a complete assessment of all factors required to make a final decision. This information is supplied from sources we believe to be reliable but we cannot guarantee its accuracy. Hypothetical illustrations may provide historical or current performance information. Past performance does not guarantee nor indicate future results. To the extent that any client or prospective client utilizes any calculator or similar device contained within or linked to Financial Engines’ website, the client and/or prospective client acknowledges and understands that the information resulting from the use of any such calculator/device, is not, and should not, be construed in any manner whatsoever as the receipt of, or a substitute for, personalized individual advice from Financial Engines. Contact one of our investment advisors for more complete information based on personal circumstances and to obtain personalized individual investment advice.