401k contribution calculator - 2026
Enter your salary, contribution rate, and employer match to see your projected retirement savings
| Category | Annual | Total at retirement |
|---|---|---|
| Your contributions | -- | -- |
| Employer match | -- | -- |
| Investment growth | -- | -- |
| Total projected balance | -- | -- |
Projections assume constant contribution rates and investment returns. Actual returns vary and are not guaranteed. This calculator is for educational purposes only. Consult a financial advisor for personalized retirement planning advice.
Oregon 401k and retirement tax guide - 2026
How Oregon taxes 401k contributions and retirement distributions
Oregon retirement tax overview
Oregon has a relatively high income tax rate on retirement income. Oregon does not tax Social Security income for lower-income retirees. Oregon's high wages lead to larger average 401k balances.
Oregon's high income tax rate makes Oregon one of the less favorable states for retirees taking large 401k distributions. Oregon retirees should carefully consider Roth conversion strategies to reduce future tax burden.
Federal 401k rules that apply in Oregon
Regardless of Oregon state tax treatment, federal rules govern 401k contribution limits. In 2026 the 401k contribution limit is $23,500 per year ($31,000 if age 50 or older with catch-up contributions). Traditional 401k contributions reduce your federal taxable income dollar-for-dollar in the year contributed. You pay ordinary income tax when you withdraw in retirement. Withdrawals before age 59.5 are subject to a 10% federal penalty plus income taxes unless an exception applies.
This guide is for general informational purposes. Tax laws change frequently. Consult a qualified financial advisor or tax professional for advice specific to your Oregon retirement situation.