Your Information Annual salary? $ Contribution percent? % Annual salary increase>? % Current age? Retirement age? 401(k) Information Current balance? $ Rate of return? % Employer match? % Maximum employer match? % Printer-friendly version Savings at Retirement With Employer Match Without Employer Match Chart Table Savings at Retirement With Employer Match Without Employer Match Total Savings Submit A 401(k) account available through your employer is a method for building retirement savings. A 401(k) plan offers several benefits to you, such as tax-deferred growth, pre-tax contributions, employer matching contributions, high contribution limits, and more. Generally, if your employer has a 401(k) program, you should contribute enough to get the maximum employer match. As your income increases over the years, it may be beneficial to increase your contributions as well.