401(k) Match Calculator

Many employers match employee contributions up to a certain percentage of salary. Contribute at least that much and you get the full benefit; contribute less and you may be passing up money.¹ Enter your pay, what you contribute, and your plan's formula to see what you'd receive and what you'd leave behind.

Reading a matching formula

Plans describe the match in two numbers: how much the employer adds per dollar you put in, and the share of pay it applies to. "50% of the first 6%" means the employer adds 50 cents for each dollar you contribute, on contributions up to 6% of your pay. On a $60,000 salary, contributing 6% ($3,600) brings in $1,800 from the employer; contributing 3% brings in only $900.

What it leaves out

Matching contributions may only become fully yours after a vesting period, and some plans calculate the match each paycheck rather than over the year, which matters if you reach the yearly limit early. Employer Matches and Vesting covers both.