FigureHowTo LogoigureHowTo
ToolsBlogContact

Tools

  • JPG to PDF
  • Compress Image
  • HEIC to JPG

Articles

  • How to Control Anger.
  • How to annoy a developer
  • How QR code is generated

Company

  • Terms Of Service
  • Content Disclaimer
  • Privacy Policy

© figurehowto.com 2012-2025. All rights reserved.

Back to Tools

401(k) Calculator With Match

Finance Tools

Estimate how much your 401(k) plan will grow over time with our free 401(k) Retirement Calculator. Factor in salary contributions, employer match, and investment growth to see your retirement savings potential.

How to Use 401(k) Calculator With Match

To use the 401(k) Calculator: 1) Enter your current age, retirement age, annual salary, contribution percentage, and employer match (if any). 2) Specify your expected annual return rate. 3) Click "Calculate" to see how much your 401(k) can grow by retirement, including your contributions, employer match, and investment earnings.

Frequently Asked Questions

What is a 401(k) plan?

A 401(k) is basically a contributory pension scheme / retirement savings plan offered by many employers. Employees can contribute a portion of their salary, and employers often match a percentage of those contributions.

How does employer matching work?

Employers may contribute to your 401(k) based on how much you contribute. For example, a common match is 50% of your contributions up to 6% of your salary. Let’s say you earn $1,000 per month and choose to contribute 5% ($50) to your 401(k). If your employer offers a 50% match, they’ll contribute half of your 5%, which is 2.5% ($25).You get $75 saved that month

Is Employer Matching Compulsory?

No,401(k) Employer Matching is not required by law in the U.S. Many employers do it to attract and keep workers.

Who decides how much you put into your 401(k)?

You do! You get to choose how much of your paycheck you want to contribute—as a percentage or a fixed dollar amount.Some employers automatically enroll you at a default percent (like 3%), but you can change or opt out anytime.

Does tax law force you to contribute a certain amount?

No, U.S. tax law does not force you to contribute anything to a 401(k) but it sets a maximum limit—how much you are allowed to put in each year. For 2025, the contribution limit is $23,500/year if you are under 50

Can I adjust the annual return rate?

Yes, you can change the expected annual return based on how you plan to invest your 401(k), such as stocks, bonds, or mutual funds.

Does this calculator factor in inflation?

Yes. This calculator adjusts your projected 401(k) balance for inflation to show you its real value in today’s dollars.

Is my 401(k) taxed at withdrawal?

Yes, traditional 401(k) withdrawals are taxed as ordinary income in retirement. Roth 401(k) withdrawals, however, may be tax-free.

What’s the benefit of using this calculator?

It helps you estimate how much you could accumulate by retirement based on your current saving habits and employer contributions, helping you plan ahead.

What is the difference between a Traditional 401(k) and a Roth 401(k)?

A Traditional 401(k) lets you contribute pre-tax income, which lowers your taxable income now but you’ll pay taxes when you withdraw the money in retirement while A Roth 401(k) uses after-tax income, meaning you pay taxes up front, but your withdrawals (including investment gains) are tax-free in retirement if certain conditions are met.

Can I use this if I’m self-employed?

While this tool is designed for traditional 401(k) plans, self-employed individuals can use similar inputs to estimate growth in solo 401(k) or SEP IRA accounts.

Can I include catch-up contributions?

This simple calculator does not include catch-up contributions for those 50 and older, but you can manually increase your contribution percentage to approximate it.

Is this calculator mobile-friendly?

Yes, the calculator is fully responsive and works smoothly on mobile phones, tablets, and desktops.

Do I need to create an account to use this?

No signup is required. This 401(k) calculator is completely free and accessible without logging in.

Advertisement

Related Tools

  • Restaurant Tip Calculator

    Calculate perfect tips for restaurants, bars, and services instantly. Split bills among multiple people and determine fair individual contributions.

  • Compound Interest Calculator

    Calculate future investment value with compound interest. Analyze growth for savings accounts, investments, and retirement planning with visual charts.

  • Life Insurance Cost Calculator

    Estimate your life insurance premiums based on age, coverage amount, health status, and policy type. Compare term vs. whole life insurance costs instantly.

  • Loan Amortization Calculator

    Easily calculate your loan repayment schedule with our free Loan Amortization Calculator. See monthly payments, total interest paid, and detailed amortization tables. Ideal for mortgages, car loans, student loans, and more.