Roth Analyzer
This tool will help you determine whether to save to your regular or Roth 401(k) account.
Based on your desired 401(k) savings level, this tool will compute your retirement balance and expected income for the available combinations of regular and Roth contributions and display them in the table below. The tool will also allow you to do "what if" analysis under different tax and rate of return assumptions. State and local taxes, insurance and other benefit plan deductions are not included in this analysis.
After you've entered / confirmed your information below, press "Calculate" to view your comparison results.
| Input - Analysis Information |
1Catch-up contributions are included in the analysis when you are age
50 or above and have chosen to analyze your contributions at the maximum in both
the traditional and Roth 401(k) . For comparison purposes, catch-up contributions
are not applied when you are contributing at the maximum in your traditional 401(k),
but have chosen to save the equivalent in your Roth on a pretax basis.
2Since Roth 401(k) contributions are made on an after-tax basis,
you will be required to contribute more to achieve an equivalent level of
savings when compared to a traditional 401(k). This analysis option assumes that the
pretax amount allocated to your Roth 401(k) savings is equivalent to your
traditional 401(k) contribution, meaning your actual Roth 401(k) contribution is
less, depending on your tax rate.
3Since Roth 401(k)
contributions are made on an after-tax basis, you will be required to contribute
more to achieve an equivalent level of savings when compared to a traditional
401(k). This analysis option assumes that you are able to contribute equal
amounts to your traditional and Roth 401(k) accounts on an after-tax basis.
Depending on your tax rate, your Roth 401(k) contribution needed to achieve an
equal savings level may be significantly higher than your traditional 401(k)
contribution.
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