Planning estimate only, not financial, tax, or legal advice. Verify assumptions and current rules before making decisions.
This tool runs in your browser. Inputs and results are not transmitted. If you explicitly save a scenario, its permitted fields stay in local browser storage until you clear them.
Share or report this tool
Page-sharing actions use the canonical page URL and do not include inputs or results unless a tool explicitly says otherwise.
More options
How this calculator works
Formula
Employee annual contribution = eligible salary × employee rate. Matchable rate = the lesser of employee rate and plan match limit. Employer match = salary × matchable rate × employer match percentage. Unclaimed match compares that result with the modeled maximum.
Worked example
On $80,000 salary, contributing 6% with a 50% employer match up to 6% produces $4,800 employee contribution, $2,400 employer match, and $7,200 combined annually.
Assumptions to verify
- The plan uses one simple match percentage up to one salary-percentage limit.
- Eligible salary equals the annual salary entered and is evenly distributed across pay periods.
- Vesting, true-up, annual legal limits, bonuses, plan exclusions, and investment growth are excluded.
Frequently asked questions
What does 50% match up to 6% mean?
The modeled employer contributes fifty cents per eligible dollar you contribute, on contributions up to 6% of eligible salary.
Why might payroll results differ?
Plans can use per-pay-period matching, annual true-ups, eligible-pay definitions, caps, and vesting schedules not modeled here.
Does this enforce annual contribution limits?
No. Limits change and individual rules vary; verify current limits and plan terms before changing payroll elections.
Privacy: Inputs and results stay in this browser. Any future sponsored recommendation or advertisement will be clearly labeled and kept separate from the calculation.