Compare a Roth 401(k) to a Traditional 401(k)

Your retirement income can vary widely depending on what type of account holds your savings and what assumptions you make about return and tax rates during the accumulation and withdrawal periods. Use this calculator to help compare employee contributions to the new after-tax Roth 401(k) and the current tax-deductible 401(k).


Savings
Current age
Your annual contribution ($)
Distribution
Age when income should start
Number of years to receive income
Before tax return on savings (distribution phase) (%)
Income tax bracket (distribution phase) (%)
Accumulation
Before tax return on savings (accumulation phase) (%)
Income tax bracket (accumulation phase) (%)
Taxation of contribution options 1) Traditional 401(k) deductible account fully funded, contributions to Roth 401(k) non-deductible account are reduced 2) Full contribution made to Roth 401(k) non-deductible account, Traditional 401(k) account given a 'side-account' to reflect tax savings

DocuMatix , LLC and LGFCU do not assume any fiduciary duties or provide investment advice when you use the calculators and you are encouraged to seek professional financial and legal advice when making financial decisions. Calculations provided may differ from calculations provided by other institutions or advisors. DocuMatix , LLC and LGFCU disclaim all warranties with respect to the calculator and use thereof including any implied warranties of fitness for a particular purpose or merchantability. DocuMatix , LLC and LGFCU shall not be liable for any direct, indirect, incidental, consequential, punitive or other damages suffered by you due to your use of the calculator, including loss of profits. You agree to indemnify, defend and hold harmless DocuMatix , LLC and LGFCU from and against all claims, damages and liabilities related to your use of the calculator.