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 after-tax Roth 401(k) and the current tax-deductible 401(k).

Savings

Current age (1 to 120)

Your annual contribution ($)

Distribution

Age when income should start (1 to 120)

Number of years to receive income (1 to 70)

Before tax return on savings (distribution phase) (-12% to 12%) help

Income tax bracket (distribution phase) (0% to 75%) help

Accumulation

Before tax return on savings (accumulation phase) (-12% to 12%) help

Income tax bracket (accumulation phase) (0% to 75%) help

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