Note: Maximium Employee Contribution for 2023 is $22,500. Individuals that at 50 or older are able to contribue an additional $7,500 for a total of $30,000. For 2022, these amounts were $20,500 and $6,500. Enter $22,500 or $30,000 to determine how to max out your 401k by your last pay period.
This calculator can be used for 401(k), 403(b), or 457(b) retirement plans in the United States.
The Employer match is not included in this calculation as it does not impact the individual limits.
Using this calculator allows a more even spread of cash flow throughout the year.
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