Paycheck Impact Calculator

Current gross salary:

Paychecks per year:

Number of exemptions:

Federal withholding status:

State of employment:

State withholding status:

Is Social Security withheld from your paycheck?

Social Security Withheld from Your Paycheck

If you are unsure whether you contribute to Social Security, review your pay stub. Money withheld for FICA indicates that Social Security is withheld from your paycheck.

Yes No

Current contribution to employer-sponsored plan:

Current Contribution to Employer-Sponsored Plan

Enter the amount YOU contribute to your employer-sponsored plan. Choose either the percent of your gross salary contribution or your per pay dollar contribution. Do NOT include any employer match or your spouse/partner's employer-sponsored plan contributions. The maximum elective deferral amount is $23,000 for this calendar year for 401(k), 403(b) and 457 plans. Elective deferrals into both 401(k) and 403(b) plans during the calendar year are subject to aggregation. If you are expected to reach age 50 or older during the calendar year and make the maximum elective deferral amount, you may make an additional "catch-up" contribution of up to $7,500 for this calendar year. These limits are subject to cost-of-living increases after this year.

Percent

Dollar $

Employer match:

Yes No

To edit employer matching contributions to your employer-sponsored plan, click Yes

Employer matching contributions

If your employer provides only one level of matching contributions, just complete the first line and click on the Submit button.

Employer matches cents on the dollar for the first of salary.

Employer matches cents on the dollar for the next of salary.

Employer's matching dollar limit:

Employer's matching dollar limit

If your employer has a maximum matching contribution amount, enter it here.

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Important Information

The information presented above is hypothetical and is not intended to serve as a projection or prediction of the investment results of any specific investment. This calculator is provided only as a general self-help tool. The accuracy or applicability of the tool's results to your circumstances is not guaranteed. We encourage you to talk to an investment professional about your situation. This tool is not an offer, representation or warranty by Nationwide^® or any of its affiliated companies and does not describe any specific products or services they offer. We are not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by this tool. Costs of investing have not been taken into consideration. Withdrawals from qualified plans that are taken prior to age 59½ may be subject to a 10% penalty tax. Federal income tax laws are complex and subject to change. The information in this tool is based on current interpretations of the law and is not guaranteed. Neither the company nor its representatives give legal or tax advice. Please consult your attorney or tax advisor for answers to specific questions.

NFW-0983AO.5

Paycheck Impact Calculator

General inputs

Employer matching contributions