Retirement Contribution Effects on Your Paycheck

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 You only pay taxes on contributions and earnings when the money is withdrawn.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. This calculator uses the latest withholding schedules, rules and rates (IRS Publication 15).


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Company Info

Goodwin Schroeder Securities, Inc.
7801 Academy Blvd NE, Building 1 Suite 206
Albuquerque, NM 87109
Phone: 505-797-7447
Toll Free: 800-777-5094
Fax 505-797-7557
Email: sarah@goodwinsecurities.com

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