401(k) Contribution

How Much Can You Afford to Contribute?

Participating in a traditional 401(k) plan doesn't have to take a big bite out of your take-home pay -- and it can cut down on your tax bill.

To see how establishing or increasing your contribution will affect your income tax and take-home pay, just answer the following questions, then click Submit.

What is your current gross pay each pay period?


What is your current age?

  1. 14
  2. 35
  3. 56
  4. 78
  5. 99


How often are you paid?

What percentage of your paycheck would you like to contribute to your traditional 401(k) plan?

  1. 0
  2. 25
  3. 50
  4. 75
  5. 100

Value:  %

Does your employer offer a matching contribution? If so, enter the appropriate percentage of match for your desired level of contribution. For example, if your employer offers a two-tiered program with a 100% match on contributions of up to 3% plus a 50% match on contribution amounts over 3% up to a maximum of 6%, enter 100% on 3% as the 1st Tier and 50% on 3% as the 2nd Tier.

Employer matches:

% % on the first
% % on the next
% % on the next

What is your federal income tax rate?

If your income is subject to state taxes, enter your state income tax rate.



Calculator is provided by SS&C.  SS&C is not affiliated with this site's sponsor, owner or any affiliate thereof. The calculator is provided for educational purposes only and does not serve, either directly or indirectly, as legal, financial or tax advice. You should always consult with your financial planner, attorney and/or tax advisor as needed. The output provided by any calculator depends upon the completeness and the accuracy of the information and assumptions that the user provides. Users should verify the accuracy of all information that they incorporate into their use of the calculator, including information input by ADP if applicable. ADP is not responsible for the completeness, accuracy, and appropriateness of the information and assumptions provided by any user. Users should also verify the appropriateness for them of any assumptions used and, if applicable, modify these assumptions for their individual situation. Assumptions about projected investment returns, inflation, as well as the data that users provide, such as current and future income and expense estimates, are inherently uncertain and introduce uncertainty in the calculations that the tool performs. Even small changes in these inputs and assumptions may have a significant impact on the calculator’s derived results. Any results generated by a calculator are not representative of any index or fund, are hypothetical, and are not guaranteed. All investments carry a degree of risk and past performance is not a guarantee of future results. Asset allocation and diversification do not ensure a profit and do not protect against loss in declining markets.

In making this and other calculators available for your use on this Website, ADP makes no recommendation regarding the appropriateness of any contribution amount or type, withdrawal or withdrawal rate, loan, or asset allocation.