401(k) Match Calculator

See how much your employer's match will grow your retirement savings over time. Don't leave free money on the table!

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Frequently Asked Questions (FAQ)

How exactly is the 401(k) employer match calculated?

To calculate your employer match, you need two numbers: your Match Rate (e.g., 50% or 100%) and your Match Limit (e.g., up to 6% of salary).

The formula is: Min(Your Contribution %, Match Limit %) × Salary × Match Rate

Example: If you earn $100,000, contribute 6%, and your company offers a "50% match up to 6%", the calculation is: 6% × $100,000 × 50% = $3,000.

💡 Our 401(k) match calculator above does this math for you automatically.

Does my employer match count toward the 2025 contribution limit?

No. The $23,500 limit (for 2025) applies only to your contributions (salary deferrals). Employer matching funds are counted separately under the total combined limit (Employee + Employer), which is $70,000 for 2025 (or $77,500 if you are age 50+).

How do I maximize my employer 401(k) match?

To maximize your match, you must contribute at least enough to reach the employer's "Match Limit." If your company matches up to 6% of your salary, you should contribute at least 6%. Contributing anything less means you are leaving "free money" on the table.

💡 Use our calculator to see the difference between contributing 3% vs. 6%.

Does the employer match apply to Roth 401(k) contributions?

Yes, most employers will match your Roth 401(k) contributions based on the same rules. However, legally, the employer's matching dollars must be deposited into a pre-tax 401(k) account, not your Roth account. This means you will pay taxes on the match portion (and its growth) upon withdrawal in retirement.

What is a "Safe Harbor" 401(k) match?

A Safe Harbor plan exempts the employer from certain annual IRS non-discrimination tests. To qualify, companies must offer a specific match, typically either:

  • Basic Match: 100% on the first 3% of pay, plus 50% on the next 2%
  • Nonelective Contribution: 3% of pay for all eligible employees, regardless of whether they contribute

Crucially, Safe Harbor matches are usually 100% vested immediately.

How does a "True-Up" contribution work?

A "True-Up" is a catch-up payment from your employer at the end of the year. If you "front-load" your 401(k) (hit the IRS limit early in the year), you might miss out on matching funds for the remaining pay periods.

A True-Up provision ensures you get the full match amount you would have received if you had contributed evenly throughout the year.

Can I calculate my 401(k) match in Excel?

Yes. If you are building a spreadsheet, you can use this Excel formula to calculate the match amount based on a standard "percentage up to a limit" rule:

=MIN(Your_Salary * Match_Limit_Percent, Your_Contribution_Amount) * Match_Rate_Percent

However, using our online 401(k) match calculator is faster and visualizes the compound interest growth over time.