401k Calculator
At Retirement
$0
Your Contribution
$0
Employer Match
$0
Total Interest
$0
Free Money!
$0
Understanding 401k
A 401k is an employer-sponsored retirement account. You contribute pre-tax dollars, your employer may match, and your money grows tax-deferred until retirement.
2024 401k Limits
- Employee contribution: $23,000
- Catch-up (50+): Additional $7,500
- Total limit (with employer): $69,000
Pro Tip: Always contribute at least enough to get the full employer match. It's free money!