457 Plan Contribution Effects on Your Paycheck Calculator
An employer-sponsored retirement savings account could be one of your best tools for creating a secure retirement. Pre-tax contributions are tax-deferred, you only pay taxes on contributions and earnings when the money is withdrawn. After-tax contributions are after-tax and are tax free when the money is withdrawn. Use this calculator to see how increasing your contributions to a 457 plan can affect your paycheck as well as your retirement savings. This calculator uses the withholding schedules, rules and rates from IRS Publication 15.
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Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.