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Retirement Contribution Effects on Your Paycheck Calculator

An employer-sponsored retirement savings account could be one of your best tools for creating a secure retirement. It provides two important advantages. First, all contributions and earnings are tax-deferred. You only pay taxes on contributions and earnings when the money is withdrawn. Second, many employers provide matching contributions to your account, which can range from 0% to 100% of your contributions. Use this calculator to see how increasing your contributions to a 401(k), 403(b) or 457 plan can affect your paycheck as well as your retirement savings. Withholding schedules, rules and rates are from "IRS Publication 15" and "IRS Publication 15T". This calculator uses the redesigned W-4 created to comply with the elimination of exemptions in the Tax Cuts and Jobs Act (TCJA).

Light Financial Services, Inc.
1220 Main Ave, Suite 225
Fargo, ND 58103

Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.

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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 can not and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.

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Securities and Investment Advice offered by qualified individuals through Coordinated Capital Securities, Inc. (CCS), Member FINRA / SIPC. Financial Wealth Builders and CCS are not affiliated.This communication is strictly intended for individuals residing in the states of AZ,FL,IL,IN,IA,KY,MI.NY,NC,OH,OK,PA,TN,TX,WV,and WI. Representaives associated with this site may only discuss and/or transact securities business with residents in states in which they are personally licensed.  For more information regarding the professional background of CCS and its licensed individuals visit FINRA's BrokerCheck.

 
 
 

Contact Info

Financial Wealth Builders Inc.
10850 Pearl Rd. D1
Strongsville, OH 44136

Phone: 440-238-6202
Fax: 440-572-4237
chuckstephan@myfwb.com
carensholtis@myfwb.com

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