401k Contribution Calculator
Calculate optimal 401k contribution. See impact of different contribution rates.
Maximizing Your 401k
2024 limits: $23,000 under 50, $30,500 catch-up if 50+
Key Strategies
- Get full match: Free money from employer
- Increase annually: 1% more each year
- Low-cost funds: Index funds save on fees
Frequently Asked Questions
Traditional or Roth 401k?
Traditional: pre-tax now, taxed later. Roth: after-tax now, tax-free later.
Can I contribute to 401k and IRA?
Yes, limits are separate. You can max both for maximum tax-advantaged savings.