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INPUTS
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Max annual "salary deferral" (pre-tax or Roth)$23,500
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Contribution made into the last job's 401(k)
Find this in your last paystub from that job.		$15,000
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# of paychecks remaining in the year at new job13
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Your salary$300,000
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Are you paid 52 (weekly), 26 (every 2 weeks), 24 (2/mo), or 12 (1/mo) times a year?24
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CALCULATIONS
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Contribution amount still to be made$8,500
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Salary per paycheck$12,500
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To max out by the end of the year, contribute this much per paycheck:
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$$654
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%6%
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Disclaimer: This document is provided for educational, general information, and illustration purposes only. Nothing contained in the material constitutes tax advice, a recommendation for purchase or sale of any security, or investment advisory services.
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Last updated: 6/13/2023
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Flow Financial Planning, LLC
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