Tool · Invest
401(k) match calculator
Your employer match is free money. Figure out what you have to contribute to capture every dollar.
Your numbers
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%
Employer match formula
A common formula is "100% match on the first 6%." Tweak below if yours is different.
%
% of salary
Result
- You contribute
- $4,800
- Employer adds
- $4,800
- Total per year
- $9,600
You're capturing the full match.
Once the match is maxed, the next dollar usually belongs in a Roth IRA before you go back to the 401(k).
Where to open a Roth IRA
All three offer free Roth IRAs with no account minimums.