⚠️ Important: Financial figures generated here are for planning purposes. Actual results may vary based on market conditions and individual circumstances.
What is 401k Match Optimizer?
Determines the total annual value of employer contributions based on your salary and match percentage.
How it Works
1. State 'Annual Salary'.
2. Input 'Match Percentage'.
3. View total annual free contribution.
Step-by-Step Guide
- Salary: Annual income.
- Match: Employer %.
- Free Money: Total value.
Example
Input: $80,000, 5%
Result: $4,000/yr
FAQ
What is a match?
Employer contributes money to your 401k based on your contribution.
Is it taxed?
It grows tax-deferred until withdrawal.
What is vesting?
The waiting period before you own the matched funds (often 1-5 years).
Should I do more?
Yes, maxing out tax-advantaged accounts is wise.
Does this include growth?
This calculates the base contribution; growth depends on investment choices.
Conclusion
An employer match is a guaranteed 100% return on investment. Always contribute at least enough to get the full match before investing elsewhere. Leaving this money on the table is a costly mistake.