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The quarterly update for 12/31/2025 is a large update, affecting every calculator. The majority of the changes affect the functionality of the calculations, updating them to 2026 rules and regulations. The most significant calculation changes in this update were to the retirement, savings, and tax calculators. Small changes have also been made to enhance the user interface and continue ADA refinement. All standard calculators meet accessibility specification WCAG 2.1 Level AA and Section 508.
All maintenance releases are cumulative, so if you apply this update, you will have all previous calculator updates as well. For your reference you can view the previous update notes here: 9/30/2025 Update.
For more detailed information please see our frequently asked questions: FAQ: V3 Frequently Asked Questions
If you are using our KJE Hosted deployment, you do not need to do anything to see the updates. We will refresh your package's KJE hosted files and the changes will automatically be pulled through to your site. You can test the files on your website as soon as you have received your update notice. Please let us know if you need any adjustments to colors, fonts or layout. We are here to help.
For more detailed information please see our deployment documentation: V3 Deployment Information. This deployment type requires you to download and install the latest update package.
When you test the new version of the calculators, make sure that the browser you are using uses the new files instead of any it may have in its cache. You may need to clear the browser's cache manually to ensure the new versions are loaded.
The V3 (HTML5/JavaScript) calculators do not require any edits or modifications to HTML pages, all changes are encapsulated within the JS files provided.
All calculators follow the ADA guidelines to meet accessibility guidelines WCAG 2.1 Level AA and Section 508. We will continue to monitor and update our software to maintain compliance and ensure any future compliance issues are resolved quickly. If you have a specific calculator on your site where you have a question please feel free to contact us. Over the past year all calculators have been tested and refined in our process of continual improvement of ADA support (often beyond what is required by the guidelines) this includes:
The actual rate of return is largely dependent on the types of investments you select. The Standard & Poor's 500® (S&P 500®) for the 10 years ending December 31st 2024, had an annual compounded rate of return of 14.9%, including reinvestment of dividends. From January 1, 1970 to December 31st 2024, the average annual compounded rate of return for the S&P 500®, including reinvestment of dividends, was approximately 11.2% (source: www.spglobal.com). Since 1970, the highest 12-month return was 61% (June 1982 through June 1983). The lowest 12-month return was -43% (March 2008 to March 2009). Savings accounts at a financial institution pay less but carry significantly lower risk of loss of principal balances.
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 investment funds and/or investment companies may charge.
For Spanish the definition now reads as:
Es la tasa compuesta anual de rendimiento que preves lograr con tus ahorros o inversiones. La tasa de rendimiento real depende en gran parte de los tipos de inversiones que escojas. En los 10 años anteriores al 31 de diciembre de 2024, el Índice Standard & Poor's 500® (S&P 500®) tuvo una tasa compuesta anual de rendimiento de 14.9%, incluyendo la reinversión de los dividendos. Del 1o de enero de 1970 al 31 de diciembre de 2023, el promedio de la tasa compuesta anual de rendimiento de S&P 500®, incluyendo la reinversión de los dividendos, fue aproximadamente 11.2% (fuente: www.spglobal.com). Desde 1970, el mayor rendimiento en un período de 12 meses fue 61% (junio de 1982 a junio de 1983). El menor rendimiento en un período de 12 meses fue -43% (marzo de 2008 a marzo de 2009). Las cuentas de ahorro en una institución financiera pueden pagar tan poco como el 0.25%, o incluso menos, pero tienen un riesgo mucho menor de pérdida del capital.
Es importante recordar que éstos son casos hipotéticos y que las tasas futuras de rendimiento no se pueden predecir con certeza, y que las inversiones que pagan mayores tasas de rendimiento generalmente están sujetas a mayor riesgo y volatilidad. La tasa real de rendimiento en las inversiones puede variar mucho a lo largo del tiempo, especialmente en inversiones a largo plazo. Esto incluye la potencial pérdida del capital de su inversión. No es posible invertir directamente en un índice, y la tasa compuesta de rendimiento que se menciona arriba no refleja cargos de ventas y otros gastos y honorarios que pueden cobrar los fondos de inversión y/o empresas de inversión.
This affects the following 66 calculators:
This is the rate of return you expect from your investments. You are also able to select the frequency that earnings are compounded in your investment account. The actual rate of return is largely dependent on the type of investments you select. For example, the total return including dividends of the S&P/TSX Composite Index for the 10 year period ending December 31, 2025 was 12.5% (source www.spglobal.com). Savings accounts at a bank or credit union may pay as little as 2% or less. It is important to remember that future rates of return can't be predicted with certainty and that investments that pay higher rates of return are 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.
The CPI-U for the 12 months ending November 30th, 2024 was reported by the U.S. Bureau of Labor Statistics as 3.1% (the annualized rate), not a large of enought change to affect the long term average. The long-term average remains 3.0%. The new definition now reads:
This is what you expect for the average long-term inflation rate. A common measure of inflation in the U.S. is the Consumer Price Index (CPI). From 1925 through 2025 the CPI has a long-term average of 3.0% annually. Over the last 40 years the highest CPI recorded was 13.5% in 1980. For the 12 months ending November 30th 2025 the CPI for All Urban Consumers (CPI-U) was 2.7% as reported by the U.S. Bureau of Labor Statistics.
For Spanish the definition now reads as:
Es la tasa de inflación que usted prevé como promedio a largo plazo. Una medida común de inflación en Estados Unidos es el Índice de precios al consumidor (CPI por sus siglas en inglés). De 1925 a 2024 el CPI tiene un promedio a largo plazo del 3.0% anual. En los últimos 40 años el CPI más alto fue 13.5% en 1980. En el 2024, el último año completo disponible, el CPI fue 3.2% anual, según La Oficina de Estadìsticas Laborales o Bureau of Labor Statistics (BLS - por sus siglas en inglès).
This affects the following 25 calculators (and all associated Spanish versions):Calculations and definitions updated for 2026. The calculations use the 2026 FICA income limit of $184,500, with an annual maximum of $49,824 ($4,152 per month).
These changes affect the following calculators (and associated Spanish versions):
| Name | HTML File Changed |
|---|---|
| Social Security Benefit Calculator | SocialSecurity.html |
| How important is Social Security? | NoSocial.html |
| Retirement Planner Calculator | RetirementPlan.html |
| Retirement Pension Planner Calculator | RetirementPlan3.html |
| Retirement Nestegg Calculator | RetirementNestegg.html |
| Retirement Income Calculator | RetirementNumber.html |
| Retirement Planner with Retirement Earnings Calculator | RetirementPlan4.html |
| Retirement Planner with Taxes for a Deferred Retirement Savings Plan | RetirementPlan5.html |
| Quickly determine if your retirement plan is on track - and learn how to keep it there. | RetirementPlan6.html |
| Retirement Planner for Two Working Spouses | RetirementPlanTwoIncomes.html |
| Planner for Two Working Spouses with Different Retirements | RetirementPlanWorkingSpouses.html |
| Beneficios del Seguro Social | SPSocialSecurity.html |
| ¿Cuán importante es el Seguro Social? | SPNoSocial.html |
| Planificador para Jubilación | SPRetirementPlan.html |
| Planificador de Retiro | SPRetirementPlan3.html |
The definitions of Social Security in each of these calculators has been updated to the following:
Social Security is based on a sliding scale depending on your income, how long you work and at what age you retire. Social Security benefits automatically increase each year based on increases in the Consumer Price Index. Including a spouse increases your Social Security benefits by 1.5 times your individual estimated benefit. Please note that this calculator assumes that only one spouse works. Benefits could be different if your spouse worked and earned a benefit higher than one half of your benefit. If you are a married couple, and both spouses work, you may need to run the calculation twice - once for each spouse and their respective income. This calculator provides only an estimate of your benefits.
The calculations use the 2026 FICA income limit of $184,500 with an annual maximum Social Security benefit of $49,824 ($4,152 per month) for a single person and 1.5 times this amount for a married couple. To receive the maximum benefit would require earning the maximum FICA income for nearly your entire career. You would also need to begin receiving benefits at your full retirement age of 66 or 67 (depending on your birthdate). This calculator rounds the age you can receive full Social Security benefits to the next highest full year. If your birthdate is in 1955 through 1959 your actual full retirement age for Social Security is 66 plus two months for each year after 1954. Your actual benefit may be lower or higher depending on your work history and the complete compensation rules used by Social Security.
For Spanish versions:
El Seguro Social está basado en una escala móvil en base a sus ingresos, a cuánto tiempo trabaja y a qué edad se jubila. Los beneficios del Seguro Social aumentan automáticamente todos los años en base a los aumentos del Índice de Precios al Consumidor. El incluir a un cónyuge aumenta sus beneficios del Seguro Social en 1.5 veces el cálculo de su beneficio individual. Note que esta calculadora asume que sólo uno de los cónyuges trabaja. Los beneficios podrían ser diferentes si su cónyuge ha trabajado y ganado un beneficio que es más de la mitad de su beneficio. En el caso de un matrimonio en el que ambos cónyuges trabajan, podría tener que hacer el cálculo dos veces - una por cada cónyuge con su respectivo ingreso. Esta calculadora sólo provee un cálculo aproximado de sus beneficios.
En las calculaciones se utiliza el límite de ingreso 2026 FICA (Ley de la Contribución Federal al Seguro Social) de $184,500 con un beneficio anual máximo del Seguro Social de $49,824 ($4,152 por mes) para una persona soltera, y esa cantidad multiplicada por 1.5 para un matrimonio. Para recibir el beneficio máximo, usted tendría que haber ganado el salario máximo FICA por casi toda su carrera. También tendría que comenzar a recibir beneficios a su plena edad de jubilación de 66 ó 67 años (dependiendo de su fecha de nacimiento). Esta calculadora redondea su plena edad de jubilación para recibir beneficios del Seguro Social al siguiente año completo. Si su fecha de nacimiento es entre 1955 y 1959, el Seguro Social considera que su plena edad de jubilación es 66 más dos meses por cada año después de 1954. Su beneficio real podría ser menor o mayor, dependiendo de su historial de trabajo y las reglas completas de compensación que usa el Seguro Social.
The tax table has been updated on the following calculators and all associated Spanish versions (replacing the 2025 Federal Tax Table).
The marginal Federal tax rate you expect to pay. Use the 'Filing Status and Federal Income Tax Rates on Taxable Income' table to assist you in estimating your federal tax rate.
| Tax Rate | Married Filing Jointly or Qualified Widow(er) | Single | Head of Household | Married Filing Separately |
|---|---|---|---|---|
| 10% | $0 - $24,800 | $0 - $12,400 | $0 - $17,700 | $0 - $12,400 |
| 12% | $24,800 - $100,800 | $12,400 - $50,400 | $17,700 - $67,450 | $12,400 - $50,400 |
| 22% | $100,800 - $211,400 | $50,400 - $105,700 | $67,450 - $105,700 | $50,400 - $105,700 |
| 24% | $211,400 - $403,550 | $105,700 - $201,775 | $105,700 - $201,750 | $105,700 - $201,775 |
| 32% | $403,550 - $512,450 | $201,775 - $256,225 | $201,750 - $256,200 | $201,775 - $256,225 |
| 35% | $512,450 - $768,700 | $256,225 - $640,600 | $256,200 - $640,600 | $256,225 - $384,350 |
| 37% | Over $768,700 | Over $640,600 | Over $640,600 | Over $384,350 |
| *Caution: Do not use these tax rate schedules to figure 2025 taxes. Use only to figure 2026 estimates. Source: Rev. Proc. 2025-32 | ||||
| Filing Status | Standard Deduction |
|---|---|
| Married Filing Joint | $32,200 |
| Qualified Surviving Spouse | $33,200 |
| Single | $16,100 |
| Heads of Household | $24,150 |
| Married Filing Separately | $16,100 |
For Spanish versions:
| Tasa Contributiva | Casado rindiendo juntos o Viudo | Soltero | Jefe de familia | Casados declarando separadamente |
|---|---|---|---|---|
| 10% | $0 - $24,800 | $0 - $12,400 | $0 - $17,700 | $0 - $12,400 |
| 12% | $24,800 - $100,800 | $12,400 - $50,400 | $17,700 - $67,450 | $12,400 - $50,400 |
| 22% | $100,800 - $211,400 | $50,400 - $105,700 | $67,450 - $105,700 | $50,400 - $105,700 |
| 24% | $211,400 - $403,550 | $105,700 - $201,775 | $105,700 - $201,750 | $105,700 - $201,775 |
| 32% | $403,550 - $512,450 | $201,775 - $256,225 | $201,750 - $256,200 | $201,775 - $256,225 |
| 35% | $512,450 - $768,700 | $256,225 - $640,600 | $256,200 - $640,600 | $256,225 - $384,350 |
| 37% | M´s de $768,700 | M´s de $640,600 | M´s de $640,600 | M´s de $384,350 |
| *Cuidado: No utilice estas tasas contributivas para computar los impuestos del 2025. Solo utilizar para calcular estimados para el 2026. | ||||
NOTE: The actual tax calculators will be updated at the end of the tax season, in the 3/31/2026 update.
Have been finalized for 2026. All calculators were updated to indicate the new 2026 amounts. Income tax brackets and rates were updated to 2026. The calculators allow you to choose 2025 if you need to calculate for the previous year.
This table shows the limits for HSA's in 2026.
| 2025 | 2026 | Change | |
|---|---|---|---|
| HSA Contribution Limit | Single: $4,300 Family: $8,550 | Single: $4,400 Family: $8,750 | Single: +$100 Family: +$200 |
| HSA catch-up contributions* | $1,000 | $1,000 | No change, not indexed to inflation |
| HDHP minimum deductible | Single: $1,650 Family: $3,300 | Single: $1,700 Family: $3,400 | Self-only: +$50 Family: +$100 |
| HDHP maximum out-of-pocket** | Single: $8,300 Family: $16,600 | Single: $8,500 Family: $17,000 | Single: +$200 Family: +$400 |
*Catch-up contributions can be made anytime during the year in which the participant turns 55. **This includes deductible amount, co-payments and other non-premium payments. | |||
This affects the following calculators:
| HTML File Changed | Name |
|---|---|
| HSABusiness.html | Health Savings Accounts (HSA) Employer Benefit |
| HSAContribution.html | Health Savings Account (HSA) Contribution Calculator |
| HSASavings.html | Health Savings Account (HSA) Savings Calculator |
| HSAvsTraditional.html | Health Savings Account (HSA) vs. Traditional Health Plan |
| HSAGoal.html | Health Savings Account (HSA) Goal Calculator |
| HSAGoal.html | Health Savings Account (HSA) vs. Traditional Total Savings Comparison |
Has been updated 2026 tax rules. This calculator is for 2026 tax calculations for taxes filed in April 2027. Minor changes have occurred to the definitions and the calculations, but there have been no additional input and output fields. The calculations use the 2026 FICA income limit of $184,500. (Note: the 2025 version of this calculator for 2025 taxes which are filed in April 2026 is available at this link 2025 Self-Employment Tax Calculator.)
Has been updated for changes in 2025. This is the final version of the 1040 tax form for 2025. Minor changes have occurred to the definitions and the calculations. Note: the 2026 version of this calculator will be released 3/31/2026 for 2025 taxes which are filed by April 2027.
This calculator has been finalized for the 2025. Minor changes have occurred to the definitions and the calculations. Note: the 2026 version of this calculator will be released 3/31/2026 for 2025 taxes which are filed by April 2027.
This calculator has been finalized for the 2025. Minor changes have occurred to the definitions and the calculations. Note: the 2026 version of this calculator will be released 3/31/2026 for 2025 taxes which are filed by April 2027.
This calculator has been finalized for the 2025. Minor changes have occurred to the definitions and the calculations. Note: the 2026 version of this calculator will be released 3/31/2026 for 2025 taxes which are filed by April 2027.
Has been updated for changes in 2025. Minor changes have occurred to the definitions and the calculations. Note: the 2026 version of this calculator will be released 3/31/2026 for 2025 taxes which are filed by April 2027.
The default "Reasonable interest rate" has been changed to 4.57% to reflect 120% of the current Federal Mid-Term rate as of January 2026.
This calculator has been updated for 2026. Contribution limits have increased to $72,000 per year (not including catch-up amounts). Definitions and information have been updated to reflect the calculator is current for 2026.
This calculator has been updated for 2026, 401(k) contribution maximum increased $1000 to $24,500. The total defined benefit contribution limit has increased to $72,000 (not including catch-up amounts). Definitions and information have been updated for 2026. The new maximum annual contribution is:
This is the maximum amount you are allowed to contribute to your Individual 401(k) account per year. In 2026, the maximum contribution to an Individual 401(k) is $72,000 for individuals under age 50. There is an additional catch-up contribution of $11,250 for individuals age 60 to 63. For all other individuals age 50 there is an additional catch-up contribution of $8,000. Self-employment income of $246,722 or more is required to qualify for the maximum contribution in 2026.
If you earn less than $252,319 in 2026, your maximum is calculated as follows: First, as the employee, you are able to contribute up to $24,500 in 2026 to your Individual 401(k) or 100% of your self-employment income, whichever is less. For individuals age 50 or over, the contribution is $32,500, for individuals age 60 to 63 the contributions is $35,750, but is still limited to no more than 100% of your earned income. Second, you are allowed employer contributions - even though self-employed people are in-fact their own employee. Employer contributions, for the self-employed, are limited to an additional 25% of adjusted net business profits, up to the maximum total amount allowed per year.
It is important to note that you may be subject to additional contribution limitations if you participate in an additional retirement program through another employer. For 2026, total retirement plan contributions are limited to $72,000 or 100% of your total compensation for the year ($80,000 if age 50 or older, $83,250 if age 60 to 63). This includes contributions to your Individual 401(k) as well as any other employer plan. It also includes profit matching and employer contributions. Contributions to a Traditional IRA or Roth IRA are not included in this limit.
The definitions and the calculation module have been updated to reflect the 2026 maximum contribution limits of $24,500 annually for those under 50, $35,750 for those age 60 to 63, and $32,500 for all others age 50 and older. The Payroll withholding information has also been updated to 2026 rules and rates.
The Payroll withholding information has been updated to 2026 rules and rates.
This affects the following calculators:
| HTML File Changed | Name |
|---|---|
| Payroll Deduction Calculator with 457 Contributions | Use this calculator to help you determine the impact of changing your payroll deductions. |
| Payroll Deductions Calculator | Use this calculator to help you determine your net paycheck. This calculator uses the redesigned W-4 created to comply with the elimination of exemptions in the Tax Cuts and Jobs Act (TCJA). |
| Payroll Deductions Calculator W-4 with Exemptions | This calculator uses the W-4 with exemptions that was used before the Tax Cuts and Jobs Act (TCJA) compliant version was available. It is largely obsolete, but may be used if an employee has an older version W-4 filed with their employer (new W-4's will not use this version). |
| Payroll Deductions Comparison Calculator | Use this calculator to help you determine the impact of changing your payroll deductions. This calculator uses the redesigned W-4 created to comply with the elimination of exemptions in the Tax Cuts and Jobs Act (TCJA). |
| Payroll Flexible Spending Account (FSA) Calculator | Use this calculator to see how participating in Flexible Spending Account (FSA) contributions can help you pay less tax, and increase your net take home pay. |
| Payroll Hourly Paycheck Calculator | Use this calculator to help you determine your paycheck for hourly wages. |
| Payroll Net to Gross Calculator | Determine the gross paycheck needed to provide a required net amount. |
| 401(k) Contribution Effects on Your Paycheck Calculator | Use this calculator to see how increasing your contributions to a 401(k) plan can affect your paycheck as well as your retirement. |
| 457 Plan Contribution Effects on Your Paycheck Calculator | Use this calculator to see how increasing your contributions to a 457 plan can affect your paycheck as well as your retirement. |
| Retirement Contribution Effects on Your Paycheck Calculator | Use this calculator to see how increasing your contributions to a 401(k), 403(b) or 457 plan can affect your paycheck as well as your retirement. |
| Should my spouse work? | This calculator is designed to help you see the financial impact of having either one or two incomes for your household. |
| Cheque deducciones y retenciones | Utilice esta calculadora para ver los cambios en el cheque de pago con diferentes deducciones y retenciones. |
| Efectos de sus Aportaciones a su Jubilación sobre su Cheque de Paga | Utilice esta calculadora para ver el impacto que tiene sobre su cheque de paga y su jubilación el aumentar sus aportaciones al plan 401(k), 403(b) o 457. |
Definition updates as follows:
Your current year gross earnings that were subject to FICA taxes (Social Security tax and Medicare tax). This total should not include the current payroll period or any income from other sources or employers. The tool uses this amount to determine if you are required to have Social Security tax or additional Medicare tax withheld for the current payroll period. Typically, this is your gross earnings minus employer paid health insurance and any Flexible Spending Account (FSA) contributions. In 2026, year-to-date earnings is not required or used for incomes under $184,500 per year, or if your current year-to-date earnings plus your current payroll does not exceed $184,500.
For 2026, Social Security tax is calculated as your gross earnings times 6.2%. For 2026, incomes over $184,500 that have already had the maximum Social Security tax of $11,439.00 withheld will not have additional withholding. Please note that if you have other wages or employers this calculator does not make any assumptions as to the total Social Security tax withheld for the current year other than the actual inputs for this calculator. This tax is also referred to as the Federal Insurance Contributions Act Old Age Survivors and Disability Insurance (FICA OASDI).
2026 Federal income tax withholding calculation:
| Annual taxable income between these amounts | Annual withholding | Withhold additional % of income over this amount |
|---|---|---|
| $0 - $7,500 | $0.00 | |
| $7,500 - $19,900 | $0.00 | plus 10% of income over $7,500 |
| $19,900 - $57,900 | $1,240.00 | plus 12% of income over $19,900 |
| $57,900 - $113,200 | $5,800.00 | plus 22% of income over $57,900 |
| $113,200 - $209,275 | $17,966.00 | plus 24% of income over $113,200 |
| $209,275 - $263,725 | $41,024.00 | plus 32% of income over $209,275 |
| $263,725 - $648,100 | $58,448.00 | plus 35% of income over $263,725 |
| $648,100 - (no limit) | $192,979.25 | plus 37% of income over $648,100 |
| *Source: http://www.irs.gov Publication 15 Income Tax Withholding Tables for 2026 | ||
| Annual taxable income between these amounts | Annual withholding | Withhold additional % of income over this amount |
|---|---|---|
| $0 - $19,300 | $0.00 | |
| $19,300 - $44,100 | $0.00 | plus 10% of income over $19,300 |
| $44,100 - $120,100 | $2,480.00 | plus 12% of income over $44,100 |
| $120,100 - $230,700 | $11,600.00 | plus 22% of income over $120,100 |
| $230,700 - $422,850 | $35,932.00 | plus 24% of income over $230,700 |
| $422,850 - $531,750 | $82,048.00 | plus 32% of income over $422,850 |
| $531,750 - $788,000 | $116,896.00 | plus 35% of income over $531,750 |
| $788,000 - (no limit) | $206,583.50 | plus 37% of income over $788,000 |
| *Source: http://www.irs.gov Publication 15 Income Tax Withholding Tables for 2026 | ||
| Annual taxable income between these amounts | Annual withholding | Withhold additional % of income over this amount |
|---|---|---|
| $0 - $15,550 | $0.00 | |
| $15,550 - $33,250 | $0.00 | plus 10% of income over $15,550 |
| $33,250 - $83,000 | $1,770.00 | plus 12% of income over $33,250 |
| $83,000 - $121,250 | $7,740.00 | plus 22% of income over $83,000 |
| $121,250 - $217,300 | $16,155.00 | plus 24% of income over $121,250 |
| $217,300 - $271,750 | $39,207.00 | plus 32% of income over $217,300 |
| $271,750 - $656,150 | $56,631.00 | plus 35% of income over $271,750 |
| $656,150 - (no limit) | $191,171.00 | plus 37% of income over $656,150 |
| *Source: http://www.irs.gov Publication 15 Income Tax Withholding Tables for 2026 | ||
The definition for tuition, room and board, and education cost inflation have been updated to include the average costs for the 2022-23 school year. The defaults have also been changed to reflect the new average cost for the 2022-23 school year and the average cost increases for tuition and room and board. The new information is show below:
The current estimated cost of one year of tuition and books. This amount should be per child and be specific to the school they may be interested in attending. The average published costs of college for the 2024-25 school year (including tuition, room and board, books, supplies, transportation and other personal expenses) as reported by the College Board:
| College Type | Tuition & Fees | Additional Expenses* | Total | Change from 2023-24 |
|---|---|---|---|---|
| Public 4-Year (in-state tuition) | $11,950 | $19,040 | $30,990 | $1,080 |
| Public 4-Year (out-state tuition) | $31,880 | $19,040 | $50,920 | $1,840 |
| Private 4-Year | $45,000 | $20,470 | $65,470 | $2,480 |
For the purposes of this calculator all expenses are assumed to be due at the end of the year.
This is the percentage that you expect educational costs to increase per year. Data provided by The College Board's "Trends in College Pricing 2025" reported tuition and fees increased approximately 4.8% annually over the past 30 years. 2025 saw a smaller increase of approximately 4%.
The definitions and the calculation module have been updated to reflect the 2026 maximum contribution limits of $24,500 annually for those under 50, $35,750 for those age 60 to 63, and $32,500 for all others age 50 and older.
The definitions and the calculation module have been updated to reflect the 2026 maximum contribution limits of $24,500 annually for those under 50, $35,750 for those age 60 to 63, and $32,500 for all others age 50 and older.
The definitions and the calculation module have been updated to reflect the 2026 maximum contribution limits of $24,500 annually for those under 50, $35,750 for those age 60 to 63, and $32,500 for all others age 50 and older. The limitation used in the definition of highly compensated employee remains $160,000 in 2026.
The definitions and the calculation module have been updated to reflect the 2026 maximum contribution limits of $24,500 annually for those under 50, $35,750 for those age 60 to 63, and $32,500 for all others age 50 and older.
The exemption amount has been increased to $15,000,000. There was no change in the estate tax rate. The annual gift exclusion remained at $19,000 for 2026.
For 2026, the estate exemption is $15,000,000 with a top federal estate tax rate of 40% (Rev. Proc. 2025-32). The OBBB passed in 2025 prevented the return of the much lower 2017 estate tax exemption. Any unused exemption is allowed to be used by a surviving spouse. For example, if a married couple has a large estate, and the first spouse uses $6 million of their exemption when they die, the second spouse is able to pass on $24,000,000 at the time of their death without incurring any estate tax (assuming an exemption of $15,000,000 per spouse). How this rule is applied to widowers that were subject to previously lower exemption amounts has not been clearly defined. This calculator does not include the impact of an unused spousal exemption.
In 2026 the estate tax exemption is $15,000,000 per spouse. Amounts exceeding the exemption amount are taxed at a rate of 40%. The exemption amount is indexed for inflation for future years. Your exemption is reduced if you have used any gift exemption amount.
Large gifts distributed during your lifetime can reduce your estate tax exemption when you die. This can increase your estate tax bill. The tax code was designed this way to prevent wealthy individuals from giving away their entire estate before they die, thus escaping estate taxes. If you have never given a gift over $10,000, other than gifts to non-profit organizations or your spouse, then your used gift exemption amount is $0. In future years, the limits are indexed to inflation in $1,000 increments.
| Year | Gift Exemption (Single Person) | Gift Exemption (Married Couple) |
|---|---|---|
| 2000 and prior | $10,000 | $20,000 |
| 2001-2005 | $11,000 | $22,000 |
| 2006-2008 | $12,000 | $24,000 |
| 2009-2012 | $13,000 | $26,000 |
| 2013-2017 | $14,000 | $28,000 |
| 2018-2021 | $15,000 | $30,000 |
| 2022 | $16,000 | $32,000 |
| 2023 | $17,000 | $34,000 |
| 2024 | $18,000 | $36,000 |
| 2025-2026 | $19,000 | $38,000 |
| 2027 and beyond | $19,000 plus inflation adjustment | $38,000 plus inflation adjustment |
For example:You are single and in 2001, gave your son $13,000 and your daughter $13,000. Then in 2002, you gave your son $10,000 and your daughter $15,000. In this case you have three gifts over the limit. The excess of which is $2,000 + $2,000 + $4,000 = $8,000. Your total used gift exemption would be $8,000.
This calculator has been updated to 2026 phase out ranges. For 2026 the maximum annual contribution increased to $8,000 per individual under 50 and $9,100 per individual over 50. These changes include updates to the calculation module as well as the definitions and the report.
The amount you will contribute to your Roth IRA each year. This calculator assumes that you make your contribution at the beginning of each year. For 2026, the maximum annual IRA contribution is $8,000 which is $500 more than 2025. It is important to note that this is the maximum total contributed to all of your IRA accounts. The contribution limit increases with inflation in $500 increments. An annual change to the contribution limit only occurs if the cumulative effect of inflation since the last adjustment is $500 or more.
If you are 50 or older you can make an additional 'catch-up' contribution of $1,100. The 'catch-up' contribution is $100 more than 2025. It is adjusted annually for inflation in $100 increments. In order to qualify for the 'catch-up' contribution, you must turn 50 by the end of the year in which you are making the contribution.
Roth IRA contributions are limited for higher incomes. If your income falls in a 'phase-out' range you are allowed only a prorated Roth IRA contribution. If your income exceeds the phase-out range, you do not qualify for any Roth IRA contribution. The table 'Roth IRA 2026 Contribution Phaseout' summarizes the income 'phase-out' ranges for Roth IRAs.
| Tax Filing Status | Income Phase-Out Range |
|---|---|
| Married filing jointly or head of household | $242,000 to $252,000 |
| Single | $153,000 - $168,000 |
| Married filing separately | $0 - $10,000 |
For the purposes of this calculator, the tool assumes that your income does not limit your ability to contribute to a Roth IRA.
Starting in 2010 high income individuals have the option to make non-deductible traditional IRA contributions and then immediately convert them to a Roth IRA. This can effectively eliminate the income phase-out for Roth IRA contributions.
This calculator has been updated to 2026 phase out ranges. For 2026 the maximum annual contribution increased to $8,000 per individual under 50 and $9,100 per individual over 50. These changes include updates to the calculation module as well as the definitions and the report.
The amount you will contribute to your IRA each year. This calculator assumes that you make your contribution at the beginning of each year. For 2026, the maximum annual IRA contribution is $8,000 which is $500 more than 2025. It is important to note that this is the maximum total contributed to all of your IRA accounts. The contribution limit increases with inflation in $500 increments. An annual change to the contribution limit only occurs if the cumulative effect of inflation since the last adjustment is $500 or more.
If you are 50 or older you can make an additional 'catch-up' contribution of $1,100. The 'catch-up' contribution is $100 more than 2025. It is adjusted annually for inflation in $100 increments. In order to qualify for the 'catch-up' contribution, you must turn 50 by the end of the year in which you are making the contribution.
The total of your traditional IRA contributions that were made without a tax deduction. Traditional IRA contributions are often tax-deductible. However, if you have an employer-sponsored retirement plan at work, such as a 401(k), your tax deduction is limited based on your income. This calculator automatically determines if your tax deduction is limited by your income.
| Tax Filing Status | Income Phase-Out Range |
|---|---|
| Married filing jointly | $129,000 - $149,000 |
| Single, Head of Household or Married Filing Separately (and have not lived with spouse for last year)* | $81,000 - $91,000 |
| Married filing separately* | $0 - $10,000 |
| Married filing jointly (spouse has employer plan, IRA owner does not)** | $242,000 - $252,000 |
These calculators have been updated to 2026 phase out ranges. For 2026 the maximum annual contribution increased to $8,000 per individual under 50 and $9,100 per individual over 50. These changes include updates to the calculation module as well as the definitions and the report.
The amount you will contribute to an IRA each year. This calculator assumes that you make your contribution at the beginning of each year. For 2026, the maximum annual IRA contribution is $8,000 which is $500 more than 2025. It is important to note that this is the maximum total contributed to all of your IRA accounts. The contribution limit increases with inflation in $500 increments. An annual change to the contribution limit only occurs if the cumulative effect of inflation since the last adjustment is $500 or more.
If you are 50 or older you can make an additional 'catch-up' contribution of $1,100. The 'catch-up' contribution is $100 more than 2025. It is adjusted annually for inflation in $100 increments. In order to qualify for the 'catch-up' contribution, you must turn 50 by the end of the year in which you are making the contribution.
Roth IRA contributions are limited for higher incomes. If your income falls in a 'phase-out' range you are allowed only a prorated Roth IRA contribution. If your income exceeds the phase-out range, you do not qualify for any Roth IRA contribution. The table 'Roth IRA 2026 Contribution Phaseout' summarizes the income 'phase-out' ranges for Roth IRAs.
| Tax Filing Status | Income Phase-Out Range |
|---|---|
| Married filing jointly or head of household | $242,000 to $252,000 |
| Single | $153,000 - $168,000 |
| Married filing separately | $0 - $10,000 |
For the purposes of this calculator, the tool assumes you are not "Married filing separately" and contributing to a Roth IRA.
Starting in 2010 high income individuals have the option to make non-deductible traditional IRA contributions and then immediately convert them to a Roth IRA. This can effectively eliminate the income phase-out for Roth IRA contributions. This option for Roth IRA contributions may or may not be available in later years depending on future changes to the IRA law. This calculator assumes that you will not be taking advantage of this option.
The total of your traditional IRA contributions that were made without a tax deduction. Traditional IRA contributions are often tax-deductible. However, if you have an employer-sponsored retirement plan at work, such as a 401(k), your tax deduction is limited based on your income. This calculator automatically determines if your tax deduction is limited by your income.
| Tax Filing Status | Income Phase-Out Range |
|---|---|
| Married filing jointly | $129,000 - $149,000 |
| Single, Head of Household or Married Filing Separately (and have not lived with spouse for last year)* | $81,000 - $91,000 |
| Married filing separately* | $0 - $10,000 |
| Married filing jointly (spouse has employer plan, IRA owner does not)** | $242,000 - $252,000 |