401(k) vs IRA Calculator
Compare 401(k) and IRA retirement accounts to maximize your savings. See the impact of employer matching, tax benefits, and contribution limits.
How to Use This Calculator
- Enter your personal information (age, income, tax rate)
- Set your 401(k) employer match and contribution limits
- Choose your IRA type (Traditional or Roth)
- Set investment return and inflation assumptions
- View detailed comparison and recommendations
How 401(k) vs IRA Calculator Works
This calculator helps you compare 401(k) and IRA retirement accounts to maximize your savings potential.
Future Value = Annual Contribution × ((1 + r)^n - 1) / r
Calculates the future value of regular contributions using compound interest.
Employer Match = Employee Contribution × Match % (up to limit)
Free money from your employer based on your contribution percentage.
Tax Savings = Traditional Contribution × Tax Rate
Immediate tax savings from traditional 401(k) and IRA contributions.
Combined Total = 401(k) Future Value + IRA Future Value
Total retirement savings from both accounts.
Monthly Rate = Annual Return ÷ 12
Converts annual return to monthly rate for calculations.
Total Months = (Retirement Age - Current Age) × 12
Total number of months until retirement.