The Commerce Company

5440 Southwest Westgate Drive
Suite 110
Portland, OR 97221

Out-of-Pocket Cost of Pretax Contributions Calculator
Out-of-Pocket Cost of Pretax Contributions Calculator

If you make a pretax contribution to your retirement plan, what's the after-tax out-of-pocket cost to you?


Enter the amount of your pretax contribution to your retirement plan.


Enter the applicable tax rate. This amount should represent the total tax rate that would apply if you had not made the pretax contribution, taking into consideration all of your taxable income. In general, consider marginal federal, state, and local income tax rates, as appropriate. State and local tax rates are generally relevant only if an income tax is imposed on your wages at the state or local level and taxable wages are reduced by salary reduction contributions.

This calculator considers only income tax savings based on reducing your taxable salary by making the pretax contribution.

It does not consider income taxes that may be due on distributions from your retirement plan in the future.

This calculator assumes that all pretax contribution amounts reduce taxable compensation and the income tax attributable to that compensation.

This information, developed by an independent third party, has been obtained from sources considered to be reliable, but Raymond James Financial Services, Inc. does not guarantee that the foregoing material is accurate or complete. This information is not a complete summary or statement of all available data necessary for making an investment decision and does not constitute a recommendation. The information contained in this report does not purport to be a complete description of the securities, markets, or developments referred to in this material. This information is not intended as a solicitation or an offer to buy or sell any security referred to herein. Investments mentioned may not be suitable for all investors. The material is general in nature. Past performance may not be indicative of future results. Raymond James Financial Services, Inc. does not provide advice on tax, legal or mortgage issues. These matters should be discussed with the appropriate professional.

Securities offered through Raymond James Financial Services, Inc., member FINRA/SIPC, an independent broker/dealer, and are not insured by FDIC, NCUA or any other government agency, are not deposits or obligations of the financial institution, are not guaranteed by the financial institution, and are subject to risks, including the possible loss of principal.  Investment advisory services offered through Raymond James Financial Services Advisors, Inc.  The Commerce Company is not a registered broker/dealer and is independent of Raymond James Financial Services, Inc.

Prepared by Broadridge Investor Communication Solutions, Inc. Copyright 2020.