Your 403(b) total also includes an employer match/contribution of EMPLOYER_ANNUAL per year which is EMPLOYER_MATCH of your annual salary. Without your employer's match your ending 403(b) would be reduced to NOMATCH_AT_END_OF_INVESTMENT.
|Current 403(b) balance||STARTING_AMOUNT|
|Years to invest||YEARS|
|Annual rate of return||RATE_OF_RETURN|
|Annual salary increase||SALARY_INCREASE|
|Percent to contribute||CONTRIBUTE_PERCENT|
|Your 403(b) contribution*||CONTRIBUTE_ANNUAL per year|
|Your employer's 403(b) match/contribution||EMPLOYER_ANNUAL per year, EMPLOYER_MATCH of salary|
|Total you will contribute||TOTAL_AMOUNT_YOU_HAVE_PAID_IN|
|Total your employer will contribute||TOTAL_AMOUNT_EMPLOYER_PAID_IN|
|Total at age AGE_OF_RETIREMENT||TOTAL_AT_END_OF_INVESTMENT_WITHFEE|
This total includes a INVESTMENT_FEE annual investment fee. Without this fee your total would have been TOTAL_AT_END_OF_INVESTMENT.
|Total without employer match||NOMATCH_AT_END_OF_INVESTMENT|
It is important to remember that these scenarios are hypothetical and that future rates of return can't be predicted with certainty and that investments that pay higher rates of return are generally subject to higher risk and volatility. The actual rate of return on investments can vary widely over time, especially for long-term investments. This includes the potential loss of principal on your investment. It is not possible to invest directly in an index and the compounded rate of return noted above does not reflect sales charges and other fees that Separate Account investment funds and/or investment companies may charge.
In addition, an additional catch-up provision for participants that did not participate in the plan earlier in their tenure may be available. These special catch-up provisions are subject to length of employment and other contribution rules. Determining your maximum contribution based on these additional catch-up provisions is beyond the scope of this calculator.
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