Should I Roth 401(k)?

Determine whether switching to a Roth 401(k) makes sense for your situation.

401(k) Details

Annual Salary

Contribution Rate

Employer Match %

Match Limit (% of salary)

Current Tax Rate

Expected Retirement Tax Rate

Years to Retirement

Expected Annual Return

Traditional 401(k) Value$702,062.13

Traditional After-Tax Value$533,567.22

Roth 401(k) Value$544,368.18

Tax Savings Now (Traditional)$44,000.00

Roth Advantage$10,800.96

✓ Roth 401(k) may be better for you

Your expected retirement tax rate is higher than your current rate.