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Department of Labor Federal Credit Union

Compare Roth 401(k) and Traditional 401(k) Retirement Savings Plans
Calculator

You should explore all of your retirement savings options in order to ensure that you are getting the most returns for a comfortable retirement. Use this calculator helps you compare your possible returns from contributions to a traditional
401(k) savings account versus to a Roth 401(k) account.

Personal Information

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Investment Information

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Results

The calculator generates two Roth 401(k) plans for you to compare. Roth 1 uses the same contribution amount as the traditional 401(k) plan. Roth 1 requires that you pay taxes on contributions which will reduce your annual take home pay by $0. Roth 2 adjusts the contribution amount to include taxes and your take home pay is the same as the traditional 401(k) plan.

Contributions During Working Years

 
401(k)
Roth 1
Roth 2
Before Tax
$0
$0
$0
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Contribution Taxes
$0
$0
$0
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401(k) Contribution
$0
$0
$0
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Annual After Tax Income
$0
$0
$0
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Annual Income During Retirement Years

Retirement Balance
$0
$0
$0
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Income Before Taxes
$0
$0
$0
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Tax on Income
$0
$0
$0
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After Tax Income
$0
$0
$0
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Information

Department of Labor Federal Credit Union

Serving employees and contractors who work for the Department of Labor, their families and associated organizations. See website for details.

200 Constitution Ave
Rm S-3220
Washington, DC 20210-0001
(202) 789-2901
www.dolfcu.org

Resources

Resources

Tax Foundation Federal Individual Income Tax Rates table.

SmartMoney.com article: Understanding the Roth 401(k).

Path to Investing offers clear, objective, and practical information, including information about traditional and roth 401(k)s.

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CULookup.com - Sponsored by NAFCU