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4 days ago
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Your Information
Current Age
Retirement Age
Current Annual Salary ($)
Filing Status
Your Contribution (%) IRS limit: $23,000 for 2024
✨ Compare Split Strategy
Compare splitting between Roth and Traditional
Employer Match
Match Type
Employer Match Rate (%)
Up to (% of salary) e.g., 100% match up to 6% of salary
Growth & Tax Assumptions
Expected Annual Return (%)
Annual Salary Growth (%)
Your Tax Rates (Auto-calculated)
Marginal Rate: 24.0%
Effective Rate: 18.5%
We use your marginal rate for 401k calculations because contributions reduce income at your top tax bracket.
Current Marginal Tax Rate (%) - Auto-filled Based on 2024 federal tax brackets. Adjust if needed for state taxes.
Retirement Tax Rate (%) - Auto-estimated Estimated assuming 70% of current income. Adjust based on your expectations.
Side-by-Side Comparison
Traditional (Pre-tax) 401k
Total at Retirement $0
After-Tax Value $0
Total Contributions $0
Tax Savings Now $0
Roth 401k
Total at Retirement $0
After-Tax Value $0
Total Contributions $0
Taxes Paid Now $0
Traditional (Pre-tax) 401k Details
Your Contributions: $0
Employer Contributions: $0
Total Principal: $0
Investment Gains: $0
Balance at Retirement: $0
Taxes Owed on Withdrawal: $0
Final After-Tax Amount: $0
Roth 401k Details
Your Contributions: $0
Employer Contributions: $0
Total Principal: $0
Investment Gains: $0
Balance at Retirement: $0
Tax-Free Portion: $0
Taxes on Employer Match: $0
Final After-Tax Amount: $0
Tax Implications Explained
Traditional (Pre-tax) 401k
💰
Your Contributions: TAXED
Contributed pre-tax, but taxed at withdrawal
🏢
Employer Contributions: TAXED
Always pre-tax, taxed at withdrawal
📈
Investment Gains: TAXED
All growth is taxed at withdrawal
Tax Rate Applied: 22%
Benefit: Lower taxable income now, tax savings today
Risk: Future tax rates may be higher
Roth 401k
💰
Your Contributions: TAX-FREE
Contributed after-tax, tax-free at withdrawal
🏢
Employer Contributions: TAXED
Goes into pre-tax bucket, taxed at withdrawal
📈
Investment Gains on Your Contributions: TAX-FREE
All growth on your Roth contributions is tax-free
📈
Investment Gains on Employer Match: TAXED
Growth on employer contributions is taxed
Tax Rate Applied: 22% (only on employer portion)
Benefit: Tax-free growth, no tax surprises in retirement
Trade-off: Pay taxes now at current rate
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