401k NET PAY CALCULATIONS

[Guest jfgc]

A question employees considering participation in our 401k plan frequently ask is can we show them how their net pay will be affected by participating. Does anyone know of a tool for showing this to employees. Employees may contribute from 1% to 15% of gross income and the employer match is 50 cents on the $1 up to the first 4% the employee contributes.

[KIP KRAUS]

Go to the following web site and look at the "tools" section. You may find some worth while examples.

http://www.401kafe.com/library/articles_401k.html