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  • Retirement Calculators

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Individual 401(k) Contribution Comparison

The purpose of the Individual 401(k) Contribution Comparison calculator is to help you compare your maximum 401(k) contribution to three other options. To use this tool you will need to enter whether you work for a sole proprietorship or a corporation, what your net income is, and your current age. This calculator will use this basic information to show you how you can invest your money in different retirement savings accounts.

This Financial Calculator requires SUN's Java Plug-in. If you see this message you will need to download SUN's Java Plug-in. This can be done automatically by clicking the yellow bar at the top of your browser and choosing Install ActiveX Control.

    You can also get SUN's Java Plug-in here: Get the Java Plug-in!

    For more information about this Plug-in please visit: SUN's Java Plug-in
    For more information these financial calculators please visit: Financial Calculators from KJE Computer Solutions, LLC

Individual 401(k) Contribution Comparison Overview

There are a lot of investment products that you can use to save for your retirement. One product that you can use is a 401(k). This investment product is an employer sponsored retirement savings plan that allows employees to make tax-deferred deposits into their retirement account.

In addition to 401(k) plans employers can also offer their employees SEP IRA plans, SIMPLE IRA plans and profit sharing plans. Each of these retirement plans offer their own set of rules, requirements and benefits. Before you select one of these retirement plans to offer to your employees or to participate in, you should compare their pros and cons. Or at least compare what they have to offer.