Use this calculator to help decide where you should put your retirement savings.
Many employers have added an entrée to their retirement benefits menu, offering a Roth 401(k) as well as a Traditional 401(k). What’s the difference? Employees contribute pre-tax dollars to a Traditional 401(k), but the money does get taxed when it’s eventually distributed. A Roth 401(k) is funded with post-tax dollars, but retirees pay no additional taxes years later when they access the funds. Enter your salary and retirement savings goals into this calculator to see which choice is more beneficial.
The calculators found on this page are for information purposes only. While the results of the calculators may be generally accurate, the results do not reflect any specific Credit Union accounts, loans or other products or services and may not exactly match the calculation methods used by the Credit Union (or any third party) for accounts, loans or other products or services. These calculators should be used only for general informational purposes and should not be relied on for any specific transaction.