Tax-Deferred Savings Contribution Estimator (USA)
Contribution Limits (Edit for Current Year)
* Limits shown are for 2025 and are subject to change annually. Update these values for the year you are estimating.
** IRA eligibility and deductibility may be limited by income. This tool estimates contributions vs. limits only.
Your Information
Your Planned Contributions
Tax-Deferred Savings Contribution Estimation Results
Based on Contribution Limits Used and Your Inputs
Limit Summary Used:
401(k)/403(b)/TSP Employee Limit: $
401(k)/403(b)/TSP Catch-up Limit (Age 50+): $
Traditional/Roth IRA Limit: $
Traditional/Roth IRA Catch-up Limit (Age 50+): $
(Limits shown are those entered in the calculator)
Your Estimation:
Your Age:
Your Annual Salary (for 401k %): $
Planned 401(k)/403(b)/TSP Contribution: $0.00
Applicable Limit: $0.00
Status:
Planned Traditional/Roth IRA Contribution: $0.00
Applicable Limit: $0.00
Status:
Estimated Total Annual Retirement Savings: $0.00
Tax-deferred savings accounts are powerful tools for growing your wealth in the USA, as they allow your investments to grow without annual taxation until withdrawal, usually in retirement. Our free Tax-Deferred Savings Account Contribution Estimator helps you understand how much you can contribute and the potential tax benefits you might gain.
These accounts typically allow pre-tax contributions, which can immediately lower your taxable income in the year you contribute. Common types include:
401(k)s (and 403(b)s/457s): Employer-sponsored retirement plans.
Traditional IRAs: Individual Retirement Accounts.
Health Savings Accounts (HSAs): Used for medical expenses, offering a triple tax advantage (deductible contributions, tax-deferred growth, tax-free withdrawals for qualified medical expenses).
Each account type has specific annual contribution limits set by the IRS, often with additional “catch-up” contributions allowed for those aged 50 or 55 and over.
For example, in 2024, the employee contribution limit for a 401(k) is $23,000, with an additional $7,500 catch-up for those 50 and over. Traditional IRA limits for 2024 are $7,000, with a $1,000 catch-up. (Note: These limits are subject to annual IRS adjustments).
Our estimator helps you factor in your income, age, and desired contribution amount to project how much you can save and the immediate tax reduction. This planning is essential for optimizing your long-term savings strategy in the United States.