Using the retirement calculator below you can calculate the maximum annual retirement contribution limit based on your income. Enter your name, age and income and then click "Calculate."
The result will show a comparison of how much could be contributed into an Individual 401k, SEP IRA, Defined Benefit Plan or SIMPLE IRA based on your income and age.
Note: If you are taxed as a sole proprietorship use your NET income when using the calculator. If you are incorporated and receive a W-2, then use your W-2 wages when using the calculator.