401(k) Value Calculator helps you to understand how much money you can accumulate by making monthly contributions to your 401(k) account. Enter the amount you plan to add to your account each month, and the expected interest rate.
A 401(k) can be one of your best tools for creating a secure retirement. It provides you with two important advantages. First, all contributions and earnings to your 401(k) are tax deferred. You only pay taxes on contributions and earnings when the money is withdrawn. Second, many employers provide matching contributions to your 401(k) account which can range from 0% to 100% of your contributions. There are several ways to manage your 401(k) balance when you leave an employer. The most fundamental of which is should you spend it or save it?
Disclaimer: These calculations are only estimates and should not be used to determine actual loan costs. We encourage you to seek personalized advice from qualified Artisan Mortgage professionals regarding all personal mortgage issues.