Daily Figures Edition No Sign-Up • Free Forever Vol. XII — No. 204
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403(b) Calculator

Project the growth of your 403(b) plan over time.

At retirement
—
Projected balance.
Details
You contribute—
Investment growth—
Starting balance—
Years—
Show our math
Enter your figures above to see the step-by-step working.
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How the 403(b) Calculator Works

A 403(b) is the retirement plan for teachers, nonprofit and public-sector workers — the tax-advantaged cousin of the 401(k). This calculator compounds your current balance and monthly contributions at an assumed return to project the balance at retirement. Contributions are pre-tax, so they also lower your taxable income today.

Many employers match a portion of contributions — add that to your monthly amount, since it’s free growth. As with any projection, the return is an assumption, not a promise.

future value = balance compounded + contributions compounded

Frequently Asked Questions

What is a 403(b)?

A tax-advantaged retirement plan for employees of schools, nonprofits and public organizations, similar to a 401(k).

How much can I contribute to a 403(b)?

The IRS sets an annual limit that rises over time, with extra catch-up room for older savers. Check the current year’s figure.

Should I include the employer match?

Yes — add any match to your monthly contribution, since it grows alongside your own money.

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