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457 Savings Calculator
The purpose of the 457 Savings Calculator is to illustrate how the 457 can help you save for your retirement. To use this tool you will need to enter the percent you want to contribute each year, your current annual salary, your current age, your current 457 account balance, your age at retirement, your annual rate of return, the employer match rate, and the employer match maximum. This calculator will take all of this information into consideration and then produce a graph that charts the growth of your retirement investments between now and when you retire.
457 Savings Calculator Overview
The most common savings plans that people use for retirement investing are the 401(k)s, IRAs, 403(b)s, and 457 plans. Like a lot of the other retirement savings accounts, the 457 offers tax benefits and employer matching options that make it a viable option for retirement planning. If you are interested in learning about how much you can save for your retirement using a 457 plan then you should try out our 457 Savings Calculator.